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 1●1●1●1

One Answer:

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

answered Jul 04 '11 at 23:23 by Pankaj Batra 5.2k●3●20

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

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

Markdown Basics

*italic* or __italic__
**bold** or __bold__
link:[text](http://url.com/ "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

Tags:

Asked: Jul 04 '11 at 10:18

Seen: 3,736 times

Last updated: Jul 04 '11 at 23:23