Purchase Four Wheeler Car

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Car Value 6.67 Lacks. Have FD 4 Lacks. Can purchase by matured FD value & rest amount from a/c with out any car loan. Have salary Income with last 2 yrs IT file. Salary Income 2.4 Lacks. Any issue from Income Tax Department?
Replies (1)

Just go and purchase the car...no issue will come. As long as you have source for the same there will be no problem. if itd raises query (maximum will not) then just show the sourc for the same.

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