Fixed asset?
S.Prasanna (Financial consultant) (90 Points)
11 December 2023
Plastic Pallet for Ware house use purpose.Plastic Pallet is a fixed asset or not?
1 Replies
MuraliKrishna S
(2 Points)
Replied 11 December 2023
If it can contribute to Economic Benefits that's cash flow , either singly or together with other assets, then it s a PPE
Recent Topics
- Tax clarification on rental income
- Long term capital loss on Indexation on sale of Re
- ITR 2 validation
- Interest u/s 234B & 234C charged despite being
- Deduction for leave encashment 10AA
- Inadvertently filled and filed Form 10-IEA like la
- Delivery challan e-way bill
- LTCG Section (B1-B12) for RSU Sale after Jul/24
- Regarding Hackathon Prize W-8BEN India-US Tax Trea
- Digital1234
Related Threads
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
