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Capitalise Entry Tax

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(Querist)
24 September 2008 My Client Purchasing Machiaries & Tippers & Use it in Road Construction Work.He Has been Deposited Entry Tax on it. In Our Opinion Entry Tax Should Be Capitalise.Please Advise Us.
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CA Prashant Shrivastava

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CA Prashant Shrivastava (Expert)
24 September 2008 Yes it will be capitalised in the cost of machinery.

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