Poonawalla fincorps
Poonawalla fincorps

RTO charges of car

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 September 2010 Is it necessary to capitalise the car
RTO charges? or can it be treated as revenue expenditure?
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
15 September 2010 Its mandatory as per AS-10 to capitalize the same.

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