Maintaining fixed assets register
Atharv Sankliya (1306 Points)
01 July 2022
maintaining fixed assets register is mandatory under the company act 2013 ??
Atharv Sankliya (1306 Points)
01 July 2022
CA. ANKIT PANDYA
(CA)
(682 Points)
Replied 01 July 2022
Yes,
Fixed asset register is mandatory. It must contain particulars of quantity and location of each of the asset along with its Capitalized value, Depreciation details, carrying amount, user / ownership, etc.
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