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i have one doubt. i purchases of fixed assets from other
state the value 5 lack. the transpotation cost of 50
thousand now the value of fixed asstes is 550000 or only 5
lack, it is right or worng .. pls cleare my question

Answer Posted / nishant goel

the asset value is 5,50,000. bcoz tranportaion in direct
exp. so it will be add in cost of asset

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