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I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE
(LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.
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Answer Posted / narasimha rao
insurance charges on purchase of vehile is capitl
expenditure because the vehile is fixed assets and use for
a longer period of time
| Is This Answer Correct ? | 3 Yes | 0 No |
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