Insurance paid on purchase of CAR

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

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

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

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