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Mobile phones with lower amt can be an asset?

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(Querist)
28 May 2013 Dear All,
Plz tell me that mobile phones with lower amt say below Rs.5000 can be treated as an asset or not?
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Rupesh Jain

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Rupesh Jain (Expert)
28 May 2013 it treat as assets
but as per company law it will fuly depreciate in same year
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CS RAJESH C.CHOUDHARY

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CS RAJESH C.CHOUDHARY (Expert)
28 May 2013 Ya Agree with Rupesh Jain.
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Prajakta U

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Prajakta U (Querist)
21 June 2013 thanks...

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