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Valuation of fixed assets

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(Querist)
21 June 2015 How to evaluate a new purchased car, is insurance exp.will be part of capital exp. Or it will be treated as prepaid for the period of after 31st march 15.
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Ankur Singhal

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Ankur Singhal (Expert)
22 June 2015 dear capitalize the expense of first insurance.
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Rupesh Jain

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Rupesh Jain (Expert)
22 June 2015 no its revenue exp. you have to take according to the period.
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nawaz

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nawaz (Querist)
23 June 2015 plz make sure.. what will be the exact valuation and treatment for the exp.

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