Heads of Fixed Assets

This query is : Resolved 

29 January 2009 Hi,

Air condition and UPS is shown under which head of assets .

As i know that UPS is not consider as fixed assets but i have a UPA valued Rs.1.5 lac.

29 January 2009 You can classify under office equipment. UPS can be considered as fixed asset.

08 February 2009 UPS is an Fixed Asset and classified under "Office Equipements" as cited by CA B.Srinivasulu




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