Rahul Jain (Accountant) (316 Points)
20 August 2013
A private limited company has purchased a Fixed asset say a Car of Rs.2500000 during the financial year 2013-14 date being 19th August 2013.What ROC compliances should it do and within what time?
Amith
(CA final & CS Professional)
(63 Points)
Replied 20 August 2013
There is no need of ROC compliance bro, the fixed assets decisions are based on the Board, hence if you require you can maintain the same in the company's minutes record.
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