Heads of Fixed Assets
This query is : Resolved
29 January 2009
Hi,
Air condition and UPS is shown under which head of assets .
As i know that UPS is not consider as fixed assets but i have a UPA valued Rs.1.5 lac.
Air condition and UPS is shown under which head of assets .
As i know that UPS is not consider as fixed assets but i have a UPA valued Rs.1.5 lac.
CA. B.SRINIVASULU
(Expert)
29 January 2009
You can classify under office equipment. UPS can be considered as fixed asset.
CA Nitin Wadhwani
(Expert)
08 February 2009
UPS is an Fixed Asset and classified under "Office Equipements" as cited by CA B.Srinivasulu
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