https://www.taxtmi.com/forum/issue?id=114118 Inclusion of previously acquired movable items such as a mobile phone or computer in the assets column of an income tax return is permissible; taxpayers may list earlier acquisitions among current assets when completing return schedules, while valuation, retrospective adjustments, or mandatory thresholds are not addressed here. en-us Wed, 05 Sep 2018 15:07:25 +0530 Thu, 23 Jan 2025 15:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114118 Inclusion of previously acquired movable items such as a mobile phone or computer in the assets column of an income tax return is permissible; taxpayers may list earlier acquisitions among current assets when completing return schedules, while valuation, retrospective adjustments, or mandatory thresholds are not addressed here. Discussion-Forum Income Tax Wed, 05 Sep 2018 15:07:25 +0530 https://www.taxtmi.com/forum/issue?id=114118