if a Telephone purchase for office use, is it able to take as Fixed assets?
and what is the head,and journel, i should keep for this entry? plz help.
Debabrata Saha (student of taxation) (133 Points)
25 May 2014if a Telephone purchase for office use, is it able to take as Fixed assets?
and what is the head,and journel, i should keep for this entry? plz help.
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 25 May 2014
CA Raj Doshi
(Practising CA)
(8723 Points)
Replied 26 May 2014
akanksha
(student)
(39 Points)
Replied 11 October 2014
Yes, it will be classified as an office euipment and depriciated accordingly.
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