Vehicles Registration Expenses

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PRERNA LAHOTI (Querist)
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14 July 2009 Whether Vehicles Registration Expenses, if paid in cash of amount more than Rs.20,000/- is allowed u/s 40A(3)?

CA. Gurdeep Singh Chawla (Expert)
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14 July 2009 Capitalize the Vehicles Registration Expenses of new vehicle then it is not disallowed.

CA Nitin Wadhwani (Expert)
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14 July 2009 Even otherwise, it would not be disallowed since it is paid to Deputy R.T.O i.e Government.

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