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deduction availale for car loan
I had query regarding if i buy a new car for personal purpose it to be made for loan. when i repay the loan and interest at the time it taken for deduction in IT return filling?
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ya its also like luxurious product not a essential thing.Thank u
| Originally posted by : KARTHIKA V | ||
 |
I had query regarding if i buy a new car for personal purpose it to be made for loan. when i repay the loan and interest at the time it taken for deduction in IT return filling? |  |
If Your car is booked in Your Business Balance Sheet then You can Claim Dep.
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