BANK VECHICLE LOAN AGAINT TDS
This query is : Resolved
12 April 2021
SIR PLS INCOME TAX ACT 1961 As per exception TDS ACT
27 September 2021
For bank loan for vehicle, there is no exemption under IT act.
If the vehicle is for business purpose, you can deduct interest paid as expenditure.
If the vehicle is for business purpose, you can deduct interest paid as expenditure.
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