Vehicle (car) Loan

This query is : Resolved 

11 May 2011 I have taken a car on loan. can anyone please suggest me whether i can avail the interest portion or principal repayment portion as a deduction for computing my taxable income?

11 May 2011 IF U ARE IN A BUSINESS OR PROFESSION THEN U CAN CLAIM DEDUCTION FOR INTEREST AMOUNT

CA MANOJ GUPTA
JODHPUR
09828510543



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