Money paid 2,51,143/- for renewal of registration of car for subsequent period of 5/10 years (initial registration was for 5 years) is to be treated as expenses in current year or amortised or added to wdv of car and charged as depreciation?
Money paid 2,51,143/- for renewal of registration of car for subsequent period of 5/10 years (initial registration was for 5 years) is to be treated as expenses in current year or amortised or added to wdv of car and charged as depreciation?