Depreciation incase of lease
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 May 2013
Hello,
If i provide a personal car on operating lease and receive lease rental...can i claim depreciation on such asset even if i don't have any bussiness income ??
If i provide a personal car on operating lease and receive lease rental...can i claim depreciation on such asset even if i don't have any bussiness income ??
Rupesh Jain
(Expert)
30 May 2013
yes you calim depreciatio agst income from car
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