Business Standard

Do You Depreciate Your Car?

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BUSINESS STANDARD

Most Indians think of an asset as something permanent. Bought a house? Great. The only focus now is to repay the loan as early as possible.

After that, story over. Bought a car on loan? If you can afford the monthly EMIs, you think that

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First Published: Apr 17 2003 | 12:00 AM IST

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