Regarding the recognition of vehicle

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suresh (Querist)
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26 February 2018 Dear Sir,

In our business we have one car, which is purchased in the financial year 2015-16. But that time our people has forgotten to recognize the car in the business. Now we found that car recognition in the books is not made. now we want to recognize that car. how can we recognize that.
Note: Car was registered on our company name.

Thanks In advance
Suresh.M

RAJA P M

RAJA P M (Expert)
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27 February 2018 Consult Your CA about the availability...

RAJA P M

RAJA P M (Expert)
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27 February 2018 Less the value of the depreciation for the previous years and After add the car in your books of accounts balance value with Bill details and Give Narration as per Your transactions...

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