Capitalization of expenses
This query is : Resolved
Nishchay Govil
(Querist)
20 September 2013
If the car has been purchased in January and RTO registration and other expenses like insurance were incurred in Feb or in any other month then will we capitalize them..?
Similarly will the buyer be eligible for claiming dep on the same...?
Ganeshbabu K
(Expert)
20 September 2013
Yes rto registration expences required to capitalize
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