Fixed assets capitalization limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 June 2018
We have company in india . my query is that what is limit for fixed assets capitalised in books of account. whether IND As applicable or not.
04 June 2018
No limit per Companies Act,2013 but there was in the erstwhile (1956) act.
To check Ind AS applicability, net worth, listed/unlisted etc has to be known.
To check Ind AS applicability, net worth, listed/unlisted etc has to be known.
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