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Executive at EY
51 Points Posted on 05 December 2012

is a "Face cum smart card reader" a computer equipment or a part of office equipment?

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On 05 December 2012 at 16:43 Report
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TAX CONSULTANT
270 Points Posted on 05 December 2012
part of office equipment
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On 05 December 2012 at 16:46
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Chartered Accountant
4780 Points Posted on 05 December 2012

Part of Office Equipments. It should be capitalised and depreciation @ 15% should be claimed.

 

Regards,
Devendra Kulkarni

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On 05 December 2012 at 17:00
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C.A.
418 Points Posted on 05 December 2012

part of office equipment and if it is cost less than Rs. 5000/- you may booked to a revenue expense  nature

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On 05 December 2012 at 18:03

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