Rc charges of vehicle
This query is : Resolved
25 March 2014
i am doing a bank audit..
the bank donot capitalise the RC charges of vehicle...is there an case law ..or judgement regarding it
25 March 2014
rc charges is not to be capitalise..............
Nikhil Kaushik
(Expert)
25 March 2014
RC charges should always be capitalised...not only this insurance cost paid for the first year also needs to be capitalised.
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