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Insurance expenses at the time of purchase of car

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 August 2016 A person purchase Car for business purpose.
person have proprietorship business.
At the time of Purchase of car, Car company doing insurance of car & charges Insurance premium by person & Insurance charges separately shown in Invoice.

now question is whether claim this insurance amount as Expenses in PNL or Capitalized this as Insurance Expenses.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 August 2016 Insurance is a periodical payment claim it as expense in PNL.
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