Insurance Premium for vehicle

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..... Whether, First Car Insurance Premium Paid, on purchase of Car, whether this amount to current expenditure or it be added to cost of Car? - Reply By PAWAN KUMAR SHARMA - The Reply = First Insurance .....

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..... Premium Paid for purchase of a New car should be Capitalize reason being as per Motor Vehicles Act, every vehicle on road should be properly insured that's why before taking delivery we have to get .....

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..... the Insurance otherwise you will not be able to get the delivery of the car, means it is direclty linked to get the vehilce on road, hence should be capitalize. - Reply By r.rajkumar kumar - The .....

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..... Reply = yes . - Insurance Premium for vehicle - Query Started By: - Anup Kumar Grover Dated:- 31-8-2011 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post b .....

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..... y an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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