EASYOFFICE
EASYOFFICE
EASYOFFICE

Asset less than rs. 5000

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 March 2013 What is the treatment of assets which is discarded from the books on the condition of value less than Rs.5000,whether it should be removed from its actual use..or what if the company is utilising that assets even after its Nil value
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
04 August 2013 It can be written off in the year of purchase. and can be keep in book at Re.1

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links