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Depreciation on working partners salary

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(Querist)
31 March 2012 S ir
Whether a partner can claim depreciation for Motor car used for business purpose from working partners salary while computing the partner's persanal income tax.If yes conditions?, if any
Rgds
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Pankaj Gandhi Jaiswal

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Pankaj Gandhi Jaiswal (Expert)
31 March 2012 Yes if genuinely this is used for business purpose, because salary to partner is treated as a business income in the hand of partner

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