Fixed assets

This query is : Resolved 

16 January 2016 Dear Sir,

A company shown their some AC(Air Conditioner) under Office & Equipement & some AC under Electric Installation. Is this right please clear it.

16 January 2016 AIR CONDITIONER PURCHASE EITHER THEY CAN GROUP UNDER Electrical Installations and Equipment . RATE OF DEPRECIATION VARY IN COMPANIES ACT 2016, BUT INCOME TAX YOU CAN CLAIM 15%

16 January 2016 I mean to say that a company shown their ac under Ele&Ins , & some under Off&Equ.

16 January 2016 THEY HAVE TO GROUP UNDER ONE HEAD DEPRECIATION VARY IN COMPANIES ACT 2013

16 January 2016 there will be any difference in head if it has been installed in factory premises?

16 January 2016 AC WHETHER YOU HAVE INSTALLED IN FACTORY OR OFFICE NOT MAKE ANY DIFFERENCE , ONLY FA REGISTER TO BE MAINTAINED.


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