28 November 2011
Good Evening Sir/Mam, I M A Salaried class Person.Can Any1 Tell Me Plz If I m Paying EMI. Of My Car Is 5000. Than Sir Can I Take Deduction Of It.And In Case Of Interest
28 November 2011
HI Rajeev, There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
28 November 2011
HI Rajeev, There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
28 November 2011
HI Rajeev, There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
28 November 2011
HI Rajeev, There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.
28 November 2011
HI Rajeev, There is no sort of deduction available on emi's paid for car loan in indian income tax. Even the interest element on these loans is also not deductible under any section.