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Vat paid on flat purchased

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(Querist)
07 June 2016 Hi..

If I want to show new flat purchased as a FIXED assets, Will it be right to add to the fixed assets the value of vat and service tax paid on property.

Kindly guide on this .
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Rupesh Jain

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Rupesh Jain (Expert)
07 June 2016 all the tax. duties will add in the value of property, brokerage every exp. by you for taking legal right on that property.

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