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Capitalisation of travelling expenses

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(Querist)
03 March 2012 Director went to foreign for purchase of machinery, because of some reason they did not purchase from there but they purchased another same kind of machinery from India. Can foreign Expense incurred in relation to machinery which did not purchase from foreign capitalised or added in Cost of machinery which purchased in India?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
03 March 2012 Can't be capitalized. Charge to P & L account for accounting purposes and disallow for income tax purpose.
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