Depreciation on Car & Interest payment for Car Loan

Page no : 2

Krishna (Advocate) (88 Points)
Replied 25 November 2009

yes he can claim depreciation, interest on car loan and vehicle maintanance expenses if all the vehicle used for the purpose of profession


P-A-W-A-N (TAX - MANAGER AT GURGAON)   (541 Points)
Replied 26 November 2009

Yes he can Claim both



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