Accounts

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Querist : Anonymous (Querist)
27 February 2013 I am a small businessman doing business since 8 years.I had not maintained accounts till last year & not filed returns.I have started maintaining A/cs this year(2012-13).I have a car purchased 4 years back for Rs.2,10,000 & motor bike purchased 2 years back for Rs.45000.Shall i take into the books at original cost or after deducting depreciation for 4 & 2 years respectively.

27 February 2013 Take it after deduction of Depreciation.

OM SAI SRI SAI JAI JAI SAI


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