Car loan related query...

Dear Friends, 

I have a query related to Car Loan. 

1. One of my client is a State Govt. Employee. If he buy a car through Car loan Does he get any tax benefit?? If yes than provide the details. 

2. One author gets his Royalty Income. If he buys a car through  through Car loan Does he get any tax benefit?? If yes than provide the details. 

Thanks in advance.. 

Replies (1)

1. No

2. Yes, u/s. 80QQB. Refer:  https://blog.cleartax.in/section-80qqb-authors-can-claim-deduction-for-royalty-income/

 

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