Easy Office
Easy Office

Depreciation

This query is : Resolved 

05 August 2011 sir, i am ramesh, i am partner of firm. I received interest on capital and salary as per incometax act 40 (b)400000/-. no other income of this year. and i have purchase of new car and two wheeler . if depreciation on car is adjusted as above income.

05 August 2011 yes you can claim the the expenses against above income



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries