Interest on car loan deductiable??
Farhaad Jiwani (Tax Consultant at Nagpur) (303 Points)
07 April 2016Farhaad Jiwani (Tax Consultant at Nagpur) (303 Points)
07 April 2016
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 07 April 2016
Farhaad Jiwani
(Tax Consultant at Nagpur)
(303 Points)
Replied 07 April 2016
Thank you for the reply.... that simply means my father will be allowed to take the both deductions (depreciation + interest on car loan) from his income?? right??
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 07 April 2016