Fan will be capitaliesd under which asset head :
Office equipment or Furniture & Fixture ??
Ekta Agarwal (Accounts Executive) (42 Points)
15 January 2013Fan will be capitaliesd under which asset head :
Office equipment or Furniture & Fixture ??
CA CS SUMIT GUDDEWAL
(Employed)
(297 Points)
Replied 15 January 2013
It is capitalized separately under electrical fittings and appliances and depreciation rates are applied accordingly.
Ekta Agarwal
(Accounts Executive)
(42 Points)
Replied 15 January 2013
Electrical fittings are classified under plant & machinery as per sch-14.
Ekta Agarwal
(Accounts Executive)
(42 Points)
Replied 15 January 2013
nd those fittings are for ceiling fans...what abt stand fans ??
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