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Cost of Fixed Assets

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(Querist)
22 August 2010 I purchase a new car @ 7,80,000/- i paid 65000/- insurance & Registration.
now what is my Fixed Assets 7,80,000/- or (7,80,000/- + 65000/-)
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 August 2010 Your Fixed asset value Rs.(780000+ 65000) as per AS-10
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
22 August 2010 Agree Rs.845000/-
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CMA KNVV Sri Vidya - Sri Kanth

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CMA KNVV Sri Vidya - Sri Kanth (Expert)
23 August 2010 Rs.845000

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