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Minimum amount of Fixed Assets

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(Querist)
12 July 2010 What is the minimum amount of fixed assets to which booked as fixed assets as per Income Tax Laws or Rules?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
12 July 2010 There is no minimum amount prescribed for booking fixed assets in Income Tax Act or Income Tax Rules.

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