Cost of computer used for personal purpose


Karuna Sethi (CA)     05 August 2013

Karuna Sethi
CA 
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Computer is purchased on 1may 2010. and is to be transferred as fixed asset for business use on 1.4.2012....

What will be its cost?

Will it be before depreciation or after deducting depreciation?

avater

Mihir (Wealth Manager)     05 August 2013

Mihir
Wealth Manager 
 620 likes  5278 points

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It should be after deducting depreciation.

But wait for others to reply.


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