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Posted On :- 09/04/2008
 
Question Asked :-  
 
do we get tax benefit on used car if yes how?  
 
Answer :-  
 
You can get tax benefit on car loan if it is used for commercial purpose. For more information on car loan click here  
 

Car loan query listing
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Qid Question
12539   I have taken HDFC car loan in 2006 for 5 yrs. My monthly EMI is 863
12489   Pl up date my repayment schedule Car Loan Acct. No 963330 dated22-1
12411   what is the installment monthly i can made i also made dowbn paymnt
12388   quotation for new maruthi aluto vxi
12385   Which bank give low interest rate for car loan (i.e Used car)?? How
12380   I am in need of car loan for the model 2004 Esteem.di
12344   What will be the % of interest for car loan of Rs.5 lac for 5 year
12341   I want to purchase a new car.
12318   i want acar lone for commersial use my salerieis 10000,& i have
12317   I want to buy TATA INDICA DLS (Diesel) from ICICI Bank, as i am usi
12274   I'M PLANNING TO BUY NEW CAR(TATA INDICA VISTA)SO I WANT TO KNOW WHA
12266   what is your intrest charges
12209   my company has a policy of car loans through some bank arrangement.
12190   i want car loan of Rs.2 lakhs,is it advisable to go for pure car lo
12175   i dont have any type of papers regarding income tax but wants to bu
12174   I want to purchase a car on 100% finance. My choice is Zen Estello
12156   I had defauled 3 creditcards and delayed EMI payments of personal l
12131   which bank is providing the cheapest car loan on rupees 2lacs for 3
12070   need loan
12060   what is the emi for five years car loan for 6 lakhs & rate of i
11968   I am self employed (Pvt. Ltd company) want to purchase used car 200
11960   i want car loan - pls suggest some schemes
11948    want to close my car loan
11825   iamat hydrabadand want a car loan for my business.Aravind samantara
11759   I want to know procedure for taking a car loan?????
11600   Sir i need a car loan of rs. 400000 for a used car. My salary is 7
11477   i wanna purchase maruti dezire (7,00,000/-) worth ....will be givin
11472   Sir,i would like to know about is there any facility to get a car l
11443   I had taken loan against car 4m HDFC Bank. Some of my EMI's got bo
11426   kindly advice wat would be d monthly instalment at loan of rs. 1500
11383   if i repay the car loan witin 3 years, what will be my rate of inte
11362   Our Car loan [ALTO 2005] has been taken in my Wife's name and it ha
11262   I would like to buy Safari dicor and its price around 800000 lakh i
11189   What are the documents bank holds in case of a newcar loan towards
11159   sir,me purchasing a second hand car,who has got a loan outstanding
11121   hi, what is margin% in car loan?
11114   i have an education loan of which repaymeny i have started...but it
11109   Which amount I'm qualified to buy a car through Ned Bank.
10913   ITR is mandatory for car loan , my sal is 10,000, but will be 1500
10825   Sir, I have gone through the site for used car loan rates provid
10782   I have taken car loan from TMF of 3.14 lacs for 48 months and the
10611   What are the advantages of using apnaloan while applying for a car
10602   I want to buy TATA INDICA DLS (Diesel) from ICICI Bank, as i am usi
10598   Dear Sir, I am interested in taking Car Loan of amount Rs. 5 Lakh
10569   sir i am purchase a car of 6,71000 & pay downpayment 1,71000 &a
10523   I need car loan for the used car plz suggest me.
10518   i am a salaried class,my salary is 22000 cash in hand,want to buy s
10484   i want to close my car loan account pl suggest me the closure forma
10469   Hi, I have taken a Car loan(3.5 Lakhs) from HDFC at 9.25% interes
10458   In a loan of 3 Lacs is it possible to repay the loan amount in part
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