Mobile phones with lower amt can be an asset?


This query is : Resolved 

(Querist)
28 May 2013 Dear All,
Plz tell me that mobile phones with lower amt say below Rs.5000 can be treated as an asset or not?

Rupesh Jain (Expert)
28 May 2013 it treat as assets
but as per company law it will fuly depreciate in same year

28 May 2013 Ya Agree with Rupesh Jain.

Prajakta U (Querist)
21 June 2013 thanks...


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