Regarding the recognition of vehicle
This query is : Open
26 February 2018
Dear Sir,
In our business we have one car, which is purchased in the financial year 2015-16. But that time our people has forgotten to recognize the car in the business. Now we found that car recognition in the books is not made. now we want to recognize that car. how can we recognize that.
Note: Car was registered on our company name.
Thanks In advance
Suresh.M
In our business we have one car, which is purchased in the financial year 2015-16. But that time our people has forgotten to recognize the car in the business. Now we found that car recognition in the books is not made. now we want to recognize that car. how can we recognize that.
Note: Car was registered on our company name.
Thanks In advance
Suresh.M
27 February 2018
Less the value of the depreciation for the previous years and After add the car in your books of accounts balance value with Bill details and Give Narration as per Your transactions...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Capitalgain tax purposes for valuation report compulsory
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
