Menu
Vehicle fuel capital expenditure
If first time petrol/fuel is filled in new purchased vehicle so is it captial expenditure?
Replies (4)
Not. its revenue exp. Expenses incurred viz. cost of car, Taxes, insurance, spare parts etc on puchase of car to be capitalised.
No it is not capital expenditure.
Why although this expenses is incurred before ready to put to use
Interesting insights on capital expenditure and vehicle fuel costs — it’s important for vehicle owners and fleet managers to stay on top of both operational costs and documentation status. If you ever need a simple way to check your driver’s license or vehicle plate status online without making repeated trips to the office, you can have a peek at this web-site — it’s a free tool that lets you instantly track your LTO vehicle plate and license status, which pairs nicely with the financial planning discussions here.
Recent Threads
- Buy back of capital goods
- Foreign professional income.
- RCM Paid by NBFC
- TDS not deposited by the deductor
- Electricity bill check online – need guidanc
- Assessmet Procedure us 147
- My deduction under 80 g is wrong and I should have
- GST utility 3.2.3 json not generating
- SCh FA declaration - guidance on the filling of th
- Foreign income and bank account
Related Threads
CAclubindia
