Easy Office
LCI Learning

expenses

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 February 2010 pls tell me for a company pen drive and hard disk purchase is consider as exp. or anything else if its use for company purpose.
pls help me out.pls pls.
Profile Image

CA Amit Kumar Hallen

Profile Image

CA Amit Kumar Hallen (Expert)
12 February 2010 Dear Vinu,

Keep the items under expenses as the assets below 5000/- need not be taken in assets.

regards
Profile Image

CA Gangadhar Mishra

Profile Image

CA Gangadhar Mishra (Expert)
12 February 2010 can be charged against revenue instead of capitalisation
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
12 February 2010 Yes.below Rs.5000 value can be charged off expenses

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links