Can a stock market trader claim car depreciation ?

1143 views 1 replies

Hi , Please help me , I have query :

a) Can stock Market Trader of F&O claim Car Depreciation ? (If i buy car and claim it).

b) I also trade in Crypto Currencies , so can i show that as business income ? ( I am already showing business income from Stocks for past years in ITR).

c) Do i need to maintain book of accounts if take a CAR ? or not required?

d) Can i buy a Car , without opening a Firm (soely on Invidual Trader Name) 

 

FYI...I also have Salaried income .

Kindly help.

 

Regrads

Harsh

Replies (1)

Usually disallowed.....

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details