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RE:Purchasing a Car
by Sreegiriraju Satyanarayana on Apr 20, 2008 06:35 PM

You are right. It is a depreciating asset only. While depreciating it provides u utility. Just like a candle while burning it povides light to us. We have to buy certain assets for our consumption and mainatanance also. Every expenditure can not be viewed fom investment angle.

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