Expenditure of Car
This query is : Resolved
Debashis Mandal
(Querist)
23 November 2009
Respected Experts,
If a doctor is using two cars for his profession can he claim expenses of 2 cars for same profession.
Thanks
Debashis
If a doctor is using two cars for his profession can he claim expenses of 2 cars for same profession.
Thanks
Debashis
shakuntala chhangani
(Expert)
23 November 2009
Hi Debashis, yes as long as the asset is used for the purpose of profession, there is no limit on no. Regards,
CA Shakuntala Chhangani
CA Shakuntala Chhangani
23 November 2009
yes
CA Ravi Sisodia
(Expert)
23 November 2009
Yes
CA. Rishabh Mittal
(Expert)
23 November 2009
No Limit on the no of cars used in business / profession. For the test of allowability of expenses, the expense must relate to the business / profession of assessee (Sec 37)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
