FIXED ASSET

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 July 2010 CAN A PROFESSIONAL SHOW MOBILE PHONE AND COMPUTER, USED FOR PERSONAL PURPOSES, IN HIS BALANCE SHEET AS FIXED ASSETS???

07 July 2010 yes... but dont show tht he is using for personal purpose... prove that its used for business purpose...

08 July 2010 Agreed. You can show only if it can be proved that it is used for the professional purpose.




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