Purchase of mobile
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2013
A mobile phone of Rs.34500/- was purchased a few days back and the amount was claimed from Cash in Hand. Should I show it in the Fixed Assets or General Expenses?
03 January 2013
It is crosed the maximum amount of Rs.5000/- hence it should be shown as fixed assets only.
Message likes :
1 times
03 January 2013
hey
should be capital exp only. If you claim revenue exp then it exceeds 20K
Thanks!!
should be capital exp only. If you claim revenue exp then it exceeds 20K
Thanks!!
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- Bank details not Visible on Traces Portal
- FCRA 6 E- Intimation
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- TDS ON EMAIL DOMAIN SERVICE BILL
- CAPITAL GAIN BASE ON NOTIFICATION
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Eway bill not cancelled within 24 hous what can be due
- TDS Deducted AY-2013-14 Not Reflected in 26as
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
