depreciation

swohra (none) (537 Points)

08 September 2009  

Dear all

please tell me that If I purchase an AC and genrator for office or shop  whether it is Plant and Machinary or it is Furniture for depreciation purpose? And please tell me the logic to decide whether particular asset fall in P&M head and Furniture Head whether I should go through the list given under P&M head or anything else?

Thanks in advance