Experts please help

unless the motor vehicle ( motor cycle) is used for business purpose, no benefit is available for depriciation or interest paid / EMI

it would be personal effect for salaried person, 

hi sir,

AFTER DISCUSSION FOR SECTION 44AD, WE MEET AGAIN HERE,

ok if u want to take benifit Rise Dummy income like DIAMOND BROKERAGE INCOME OR COMMISSION INCOME

here depreciation is a non cash expenditure adjust your income till tax slab at throw this business in loss.

Actually assessee is in profit but due to depreciation effect it seen in loss. I HOPE SIR U UNDERSTAND.

I M VERY INTERESTED TO TALK WITH U. REPLY ME SIR ON         hi_4_me_nxt @ yahoo.co.in

NO BENEFIT OF DEPRICIATION IS GIVEN TO A SALARIED EMPLOYEE

Salary income is calculated as per provisions of Section 15 to 17. Section 16 provides the dedcutions that are available while calculating salary income.

Section 16(ii): Entertainment allowance

Section 16(iii): Professional tax

So the interest and depreciation will not be considered, accordingly you will not get any deduction from salary income.

@ Hardik Bunha... ur suggestion is good but i feel dat its mor risky if u compare wid some othr method... if  d employee is in full-time employment then its very difficult to digest for ITO authority that there is any business income & wil create prblm in Scrutiny...

bettr is to show 80G deduction...... I hope u gt my point...