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Query on fixed Assets

This query is : Resolved 
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(Querist)
26 March 2009 Please let me know in construction business whether mobile purchase should be treated as fixed assets supposed amount for the same Rs.40000/-

Please let me know,

Thanks you in advance.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
26 March 2009 yes it can be cpitalised
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Sanjay Soni

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Sanjay Soni (Expert)
26 March 2009 I support Devanshi
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