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
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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