Expense Deduction allowed or Not related to Asset
This query is : Resolved
Quick Summary
28 August 2022
Vehicle Insurance, Repairing, Toll, Diesel, Parking Expense.
Current Vehicle Value Rs.0, As Depreciation was levied,since last 10 years
Can I continue to claim Expense related to Vehicle in Indirect Expenses.
Current Vehicle Value Rs.0, As Depreciation was levied,since last 10 years
Can I continue to claim Expense related to Vehicle in Indirect Expenses.
28 August 2022
Yes, it can be claimed till the vehicle is discarded or sold.
28 August 2022
Thank You Rambhia Sir
29 August 2022
Most Welcome..
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