Though the mobile phone is categorised under machinery, its life time is not more than 2-3 years if preserved so carefully. So, upon considering this, in most of the cases, we used to write it off as expenditure till the value is reasonable and not so high.
G.S. Balu
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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