Personal car expense

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 September 2013 Can an individual get deduction in his profit if he runs business in proprietorship?

CMA Ramesh Krishnan (Expert)
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01 September 2013 Only official expenses allowed under Income tax in the Business income, personal nature expenses will be disallowed

CA LOKESH KASAT, FCA, M.Com (Expert)
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01 September 2013 No, it can't be charge

CS,CA F,Numrologi TusharSampat (Expert)
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02 September 2013 Only business related exp are allowed.

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