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Question ID : 623

Depriciation on car of partner

If a car is on the name of partner and is beg used the busess moreover payment is also made by the firm but only thg is that the car is registered by partners name whether depreciation on the same can be cimed or its registree should be changed before cimg depreciation '

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Posted by Vinay Kumar Jain on Oct 19, 2005
Filed Under DIRECT TAXES

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