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Querist : Anonymous (Querist)
30 July 2011 Purchase of AC comes under which head plant or machinery or office equipment? Can v change the head of assets to charge correct depreciation?
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
30 July 2011 It depends on the facts and circumstances of the case.

Generally we treat it as a office equipment or furniture.

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