classification of fixed asset
This query is : Open
Somashekharreddy BN
(Querist)
05 January 2017
Dear experts,
purchase of camera for business purpose will it be classified as fixed asset?????
Mithun Agarwal
(Expert)
05 January 2017
Yes, Its a fixed assets for your business.
05 January 2017
Yes agreed , it is a fixed asset and entitled to depreciation @15%.
Somashekharreddy BN
(Querist)
11 January 2017
thank u alll
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