Hello Experts, I am 24 yrs old person from Kolkata, West Bengal. I have a salaried income as well as income from doing online freelancing work. I wish to buy a car of around 7 lakhs primarily from my online income. Will I get tax benefits from the monthly EMI + car's depreciation?
If no, how can I setup my tax file to avail such a deduction?
Note: I am yet to open my income tax file.
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