Can a stock market trader claim car depreciation ?

Tax queries 1039 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.....


CCI Pro

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