Capitalisation

Are those Electric Kettles going to be sold of again?

If no, then you shall capitalize all of them and claim depreciation at the rate 15%.

Regards.

Devendra K

If the kettles are being purchased & are to be used for the purpose of business or profession & are not ordinarly sold in the normal course of business then they need to be capitalised as assets.  If you will be earning Income say by way of rent or anything else then you will need to show them as investments.