Fixed assets
This query is : Resolved
06 May 2016
Dear sir
Purchase of white board for office use , it will come is in office equipements.
please help me ...
Purchase of white board for office use , it will come is in office equipements.
please help me ...
Sandeep Garg
(Expert)
06 May 2016
i am not sure...i think it do not cost even 2000 (not electronic one). It will be charged to PL. Pls mention full facts.
Thanks
Thanks
Message likes :
1 times
Murtaza I Bhagat
(Expert)
06 May 2016
Yes, you have to charge as Expense if you have small amount investment.
Message likes :
1 times
Sandeep Garg
(Expert)
06 May 2016
i thought some value addition is there in new comment ???????
Message likes :
1 times
Murtaza I Bhagat
(Expert)
06 May 2016
Yes Sandeep sir, If amount is Less than Rs, 5000/- you can charge as expense or if more than 5K then you have to take as fixed assets and charge depreciation @ 15%.
Message likes :
3 times
Neeraj Sharma
(Expert)
07 May 2016
below 5k - office maint. exp.
otherwise -FA furniture
Message likes :
2 times
Sandeep Garg
(Expert)
07 May 2016
Mr Neeraj....there is no further information on this issue by the querist. and what u r telling is already mentioned. What is the need to put unnecessary comments here???? there r so many open queries...better solve them.
Thanks
Thanks
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- TDS on purchase of under construction property from a reseller
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
