ilmscore | Prediction Details
"you buy a car for 5 crores you w can you tell what is that depreciation roughly 20% 25% so basically when the car drops in value every year 20% 20% so you can take that money off from your that show that can be shown as an expense which you don't have to pay tax for"
By Finance With Sharan | November 25, 2023 | Pending
From video
Shocking Reality of Buying Luxury Cars Revealed | The 1% Club Show | Ep 11 00:08:14 - 00:08:31
Interpreted Prediction
Business owners can claim depreciation (20-25% annually) on luxury cars as an expense, reducing their tax liability.

Prediction Details

Topic
Business Car Depreciation Tax Benefit

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