we have purchase forklift machine in 2018 his life is 8 years in books & same assets after 3 years having some technical issue.
supplier ready to replace old to new machine .
my question is that can we capitalised new assets with 4 years life ? old machine remaining life is 4 years.
Menu
Assets buyback purchase
Replies (1)
Assets buyback purchase not possible .
Recent Topics :
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
Related Topics :
CAclubindia
