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Below 5000 purchase fixed assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 August 2014 my partner ship firm purchase mobile 4500 is expenditure
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Vishnu Saboo

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Vishnu Saboo (Expert)
08 August 2014 yes you may capitalize it
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Vishnu Saboo

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Vishnu Saboo (Expert)
08 August 2014 yes you may capitalize it
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Vishnu Saboo

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Vishnu Saboo (Expert)
08 August 2014 yes you may capitalize it
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Rupesh Jain

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Rupesh Jain (Expert)
08 August 2014 mobile capitalized and claim deprecation.

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