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Querist : Anonymous

Querist : Anonymous (Querist)

22 September 2012 Dear Sir,

can I capitalized assesories of new car purchase in a partnership firm

CMA Ramesh Krishnan (Expert)
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22 September 2012 Accessaries will be the maintenance expenses. not to be capitalised

CS Ankur Srivastava (Expert)
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26 September 2012 Agree, but if it have been purchased at the time of car purchase of high value accessories may be capitalised.

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