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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2014 Dear sir,


Second hand purchase of a packing machine will come under what head in tally
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Sandeep Dharar

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Sandeep Dharar (Expert)
13 May 2014 If the amount is big in nature then treat it as Asset. N if it is a small amount then u can book it under general expense.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
13 May 2014 please note that under companies act 2013, the option of expending out capital expenditure less than Rs 5000 has been removed. So you need to look from the perspective of the period of use.
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