insurance of vehicle


This query is : Resolved 

(Querist)
16 March 2009 Managing director has taken a vehicle on his name. Can a pvt. ltd. company take depriciation and insurance premium paid on it . please reply..

16 March 2009 Depreciation not allowed. exps. can reimbursment only

rajesh (Querist)
23 March 2009 Thank you,
Can u suggest any case laws


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