are the artificial item are considered as fixed asset and lible to claim depreciation in furniture and fixtures head or they can be treated as other item cost as revenue exp.????
Rahul jain (LEARNING & TEACHING) (435 Points)
21 February 2014are the artificial item are considered as fixed asset and lible to claim depreciation in furniture and fixtures head or they can be treated as other item cost as revenue exp.????
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 21 February 2014
can you please ask this question with an example ? what is artficial item ? why it is used ? what is the of it ?
Rahul jain
(LEARNING & TEACHING)
(435 Points)
Replied 21 February 2014
artificila item means the item which are used for good looking of office,,
CA SUKSHAM ARORA
(CA)
(569 Points)
Replied 21 February 2014
PLEASE QUOTE SOME EXAMPLES,
I AM NOT ABLE TO UNDERSTAND YOUR QUERRY
CAclubindia
