It's important to note that only new or used vehicles purchased or leased and placed into service during the tax year are eligible for this deduction. Additionally, the vehicle must be used for at ...
DEPRECIATION OF LUXURY CARS requires careful analysis due to recent tax law changes. OPTIMIZATION OF LUXURY-VEHICLE DEPRECIATION demands thoughtful analysis of the IRC section 179 expense allowance, ...
Gurgaon: Delhi Police has decided to invoke Section 305 (b) of Bharatiya Nyay Sanhita (BNS) to register cases of vehicle theft, which attracts a punishment of seven years, but in the early days of the ...
Gurgaon: Cops have been instructed to register cases of stolen vehicles under BNS Section 305(b), instead of using Section 303 for theft, on the day TOI reported that the new law has a specific ...
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Car loan could be TAX-FREE with new Tax Bill benefit
A recent legislative proposal introduces significant changes in the tax landscape for vehicles, highlighting a new benefit that could make the interest on certain auto loans deductible — or, ...
Strictly speaking, you are not alone facing this problem, an analysis of vehicle repossession inquiries made on ConsumerLaw website during lockdown shows that the number of repossession inquiries has ...
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