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Sign Board treated as Asset or Expenses

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(Querist)
26 February 2021 Sir/Madam

Respected professionals kindly help us to treat the Sign Board. As we purchased Sign board for Rs. 82,340/-, can we treat the same as Fixed Asset if not then should we deduct the TDS then on which rate we deduct .
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 February 2021 Yes, you can treat it as fixed asset.
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Nayeemulla S H

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Nayeemulla S H (Querist)
27 February 2021 Thanks Sir CA R Seetharaman
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