Automated Data Entry into Tally, Zoho Books, Quickbooks Certificate in Quantitative Finance

Purchase of Mobile Phone

This query is : Resolved 
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(Querist)
13 September 2019 How should I show my purchase of mobile phone to get maximum benefit?
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Ruchi

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Ruchi (Expert)
13 September 2019 Mobile phone purchase is a purchase of fixed asset and hence shown accordingly in books of accounts. You can claim depreciation on it every year till it is disposed/ sold.
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