Depreciation and interest expense on car loan

KUSHAL CHHABRA (Director) (31 Points)

13 July 2016  
Sir/ Mam. If I am having a car on loan and having a business on proprietary firm basis then can I show the depreciation expense and interest expense as a business expense so that my personal capital is not reduced .( But I will be taking car in my personal name and not proprietary firm name )