PETROL EXPENSES

KAMAL PODDAR (Querist) 22 July 2009 This query is : Resolved
SINCE THERE IS NO HEAD OF PETROL EXPENSES FOR CAR IN P & L SCHEDULE CAN WE CLAIM UNDER POWER & FUEL

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A V Vishal (Expert) 22 July 2009
No Power and fuel in this context is for manufacturing expenses viz. related to the factory, hence only such expenditure attributable to factory power requirements i.e electricity, diesel for generator etc has to be debited under this head.

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