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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2015 Dear Sir,

My Company is transferred some computers from old unit to a new unit.Expenses incurred on purchase of Wireless Router & D-Link Port for Net Connectivity should be capitalised or it should be debited in revenue expenses


Pls clarify me.
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Atit Shah

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Atit Shah (Expert)
26 May 2015 Capitalized as its life is more than one year.
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Rupesh Jain

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Rupesh Jain (Expert)
26 May 2015 if life is more than one year then you can capitalized.




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