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insurance of vehicle

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(Querist)
16 March 2009 Managing director has taken a vehicle on his name. Can a pvt. ltd. company take depriciation and insurance premium paid on it . please reply..
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
16 March 2009 Depreciation not allowed. exps. can reimbursment only
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rajesh

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rajesh (Querist)
23 March 2009 Thank you,
Can u suggest any case laws
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