Depreciation Allowability
This query is : Resolved
joshy k.g.
(Querist)
15 October 2008
I am a practicing Chartered Accountant taking remuneration as allowed by section 40(b)is i can deduct depreciation on motor car used by me wholly for my professional purposes
Guest
Guest
(Expert)
15 October 2008
in my opinion if u have any business income related to your profession then u can claim this expeses as business expenses
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