Fised asstes
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2011
Purchase of AC comes under which head plant or machinery or office equipment? Can v change the head of assets to charge correct depreciation?
CA Ashwani Agarwal
(Expert)
30 July 2011
It depends on the facts and circumstances of the case.
Generally we treat it as a office equipment or furniture.
Generally we treat it as a office equipment or furniture.
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