Partnership
This query is : Resolved
28 December 2014
Can a partner book expenses incurred on repairs and maintenance of car in the books of partnership firm. Car is held in the name of partner. Car is used for activities directly related to the partnership firm.
CA R SEETHARAMAN
(Expert)
28 December 2014
If car is used for activities of the firm it's expenses can be booked.
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Rupesh Jain
(Expert)
29 December 2014
yes if is used in business of firm then you can claim the exp.
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