06 May 2016
Yes Sandeep sir, If amount is Less than Rs, 5000/- you can charge as expense or if more than 5K then you have to take as fixed assets and charge depreciation @ 15%.
07 May 2016
Mr Neeraj....there is no further information on this issue by the querist. and what u r telling is already mentioned. What is the need to put unnecessary comments here???? there r so many open queries...better solve them.
CAclubindia
