Tax Benefit on Car/Vehicle
This query is : Resolved
19 June 2022
Hi Sir/Ma'am,
There's a firm of my father registered and has GST. But since 2-3 years, there's no income, no business is going on. So is there any way I can buy a car under the firm's name to get GST or any other benefit. (No income from that business since past few years).
There's a firm of my father registered and has GST. But since 2-3 years, there's no income, no business is going on. So is there any way I can buy a car under the firm's name to get GST or any other benefit. (No income from that business since past few years).
19 June 2022
No way you get a benefit in buying a car in such a case.
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