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This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 May 2014
Dear sir,
Second hand purchase of a packing machine will come under what head in tally
Second hand purchase of a packing machine will come under what head in tally
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.
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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