Asserts exceeding 5000
This query is : Resolved
15 August 2014
As per company act 2013 is there any provision regarding assets which should not be less then 5000?
15 August 2014
no. companies act 2013 doesn't discriminate assets on the basis of price. even assets below Rs 5000 are to be capitalized.
15 August 2014
This provision was there is Companies Act 1956 but No such provision is there in the Companies Act 2013.
15 August 2014
what sanjay bhai meant is that such provision was in Companies act 1956 but not in Companies Act 2013
15 August 2014
Thank you Nikhil Ji for noticing the error. Same has been modified.
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