expenses
This query is : Resolved
12 February 2010
pls tell me for a company pen drive and hard disk purchase is consider as exp. or anything else if its use for company purpose.
pls help me out.pls pls.
pls help me out.pls pls.
CA Amit Kumar Hallen
(Expert)
12 February 2010
Dear Vinu,
Keep the items under expenses as the assets below 5000/- need not be taken in assets.
regards
Keep the items under expenses as the assets below 5000/- need not be taken in assets.
regards
CA Gangadhar Mishra
(Expert)
12 February 2010
can be charged against revenue instead of capitalisation
CMA Ramesh Krishnan
(Expert)
12 February 2010
Yes.below Rs.5000 value can be charged off expenses
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