Tax Exemption in Car Loan

Sir, Can I Get Tax Exemption in Car Loan. I'm getting Car Pay (Interest Subsidy Allowance)of Rs.4167 in salary. Regards Tarun Adhikari

asked Jul 04 '11 at 10:18 by Tarun 1111

Income tax deduction cannot be availed for amount paid towards car loan.

answered Jul 04 '11 at 23:23 by Pankaj Batra 5.2k320


Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text]( "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported



Asked: Jul 04 '11 at 10:18

Seen: 4,260 times

Last updated: Jul 04 '11 at 23:23