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CAR EXPENSES

This query is : Resolved 

09 July 2009 i AM PROFESSIONAL. I HAVE PURCHASED A CAR. MY EXPENSES ON CAR PETROL & CAR REPAIRS & MAINTAINENCE SHOULD BE CLAIMED AS BUSINESS EXPENDITURE OR NOT AND UNDER WHAT HEAD

09 July 2009 Hi,
You can claim the car expenses if same is used for your business purpose. It is an allowable expenditure. You can debit all these expenses to CAR EXPENSE ACCOUNT.


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