Without the first insurance, it cannot be said that the vehicle ...

June 14, 2016

Case Laws Income Tax AT

Without the first insurance, it cannot be said that the vehicle has been put to use. Therefore, the first insurance premium paid would go to increase the cost of the vehicle and, therefore, the same has been treated as capital expenditure - AT

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Without the first insurance, it cannot be said that the vehicle ...

June 14, 2016

Case Laws Income Tax AT

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