Q: Tax saving on Car Hire from relative

POSTED BY Irshad ON January 26, 2011 10:45 pm ONE COMMENT

Hi All,

Is there any IT law to avail tax benefit on Car Lease (Hire) from a relative ? If yes, please share procedure or link on this.

Regards,
Irshad

One reply on this article “Q: Tax saving on Car Hire from relative”

  1. Irshad says:
    January 29, 2011 at 9:11 pm

    any updates on this thread? My company has Car lease policy, but need to get financed from selected finance companies. Recently i found that some companies have policies to get the loan from relative.

    Another Question: How can we say tax while buying a car( like depreciation, etc)?

    Any inputs welcome. Thanks.

    Reply

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