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Propritory firm

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(Querist)
29 March 2010
A prop. has purchased TV from Firm Ac is it Capitalised in Fix Asset Group & Flat Purchase by Housing Loan can it be capitailised under Fix Asset OR Invetment


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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
29 March 2010 Yes both must be capitalised.
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
29 March 2010 should be capitalised.
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