Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Expense Deduction allowed or Not related to Asset

This query is : Resolved

Share Report Follow Query Ask a Query

K Bhakt and Co

K Bhakt and Co (Querist)
Follow

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.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

28 August 2022 Yes, it can be claimed till the vehicle is discarded or sold.

K Bhakt and Co

K Bhakt and Co (Querist)
Follow

28 August 2022 Thank You Rambhia Sir

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

29 August 2022 Most Welcome..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Sunaram Marndi

Sunaram Marndi

Pro Member ANUPAMA L KANT

ANUPAMA L KANT

Pro Member Shameem ahmed

Shameem ahmed

Pro Member Anju Susan

Anju Susan

Pro Member PRAVIN S PANISHETTI

PRAVIN S PANISHETTI

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

23 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

ARTICLESHIP 27 May 2026

CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details

24 May 2026

Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details

26 May 2026

CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

14 May 2026

ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details

Featured 26 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

14 May 2026

Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details