Matter of emi
This query is : Resolved
Guest
Guest
(Querist)
28 November 2011
Good Evening
Sir/Mam,
I M A Salaried class Person.Can Any1 Tell Me Plz If I m Paying EMI. Of My Car Is 5000. Than Sir Can I Take Deduction Of It.And In Case Of Interest
Sir/Mam,
I M A Salaried class Person.Can Any1 Tell Me Plz If I m Paying EMI. Of My Car Is 5000. Than Sir Can I Take Deduction Of It.And In Case Of Interest
CA. RICHI SAXENA
(Expert)
28 November 2011
HI Rajeev,
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
CA. RICHI SAXENA
(Expert)
28 November 2011
HI Rajeev,
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
CA. RICHI SAXENA
(Expert)
28 November 2011
HI Rajeev,
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
CA. RICHI SAXENA
(Expert)
28 November 2011
HI Rajeev,
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
CA. RICHI SAXENA
(Expert)
28 November 2011
HI Rajeev,
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
CA. Richi Saxena
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