Rs. 8000 borne by the company, hence Rs. 8000 shall be recognised as cost of assets
Could it be treated as fixed asset or Revenue expenses ?
What percentage of depriciation is to be calculated on mobiles ?
Fixed Assets
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
