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Insurance paid on purchase of CAR

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(Querist)
04 March 2010 whether insurance and registration charges paid on purchase of car can be capitalised or not.............?
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CMA.Palani Arumugam

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CMA.Palani Arumugam (Expert)
04 March 2010 Yes. Insurance and registration charges paid on purchase of car should be capitalised.
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Ramu.G

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Ramu.G (Querist)
04 March 2010 thank you very much
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