Company issued Mobile Phone

Hi, A US based company has a policy saying "All company purchased mobile phone should be expensed off (regardless of value". We, here in India, can follow the same or we need to treat it differently due to some provision of Companies & IT act.

Kindly provide guidelines in this regard, if possible/available. 

Replies (2)
Quick Summary
This discussion explores the expensing policy for company-issued mobile phones, specifically comparing a US company's 'expense regardless of value' rule with Indian regulations. The user is seeking guidance on whether the same policy applies in India or if specific provisions under the Indian IT Act or Companies Act necessitate a different approach to expensing these assets.

You can get clarification from your company registered office or head office in US.

Thanks Sir, but i want to know the requirement, if any, under Indian IT act or company act. what they (IT & Companies act) required.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register