07 December 2017
yes even i was considering the same classification
having interpreting that plant and machinery are those assets that provide assistance in running of the bussiness directly. Is this interpretion logical or some other perception is available, please let me know sir.
can it be classified as Electrical installation and Fittings
08 December 2017
Yes... We can consider as per your view. No more restriction...
We can maintain our assets as per how to maintain or How much heads maintain then it's based on its heads...
If we maintain single head then we can Maintain in "P&M"... If maintain some heads of "P&M, O/E, EE/F, .... In this condition we ll maintain in Ee/F...
CAclubindia
