Fixed assets
This query is : Resolved
26 April 2018
There are any limit regarding Fixed assets considered as expense or Capitalized as per current law?
26 April 2018
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26 April 2018
There is no such limit now, but company can fix an amount ( like less than 5,000 in
the erstwhile Companies Act ) to be treated as revenue expenses and that policy
should be followed consistently.
the erstwhile Companies Act ) to be treated as revenue expenses and that policy
should be followed consistently.
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