purchase of vehicles through co
This query is : Resolved
07 May 2010
Dear All,
Please guide me If we purchase the vehicles through our co for Employees, what are the benifits to the company
Regards
Mrityunjay
Please guide me If we purchase the vehicles through our co for Employees, what are the benifits to the company
Regards
Mrityunjay
07 May 2010
You can claim depreciation on motor car and also interest,if paid, on loan for purchasing car is allowable busines expenses.
07 May 2010
Yes you can claim depreciation and interest and petrol exp all that... as a business expense..
07 May 2010
agreed with experts.
08 May 2010
Thank you very much,,,,
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