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🚗 On-Road Price: ₹26,00,000 (Includes Ex-Showroom ₹22L Taxes/Ins) The Savings: 1️⃣ GST Input Credit (ITC): Since the Ex-Showroom price (₹22L) includes 28% GST Cess, you can claim this back if eligible. Saving: ~₹4.2 Lakhs 2️⃣ TCS Claim: The 1% Tax Collected at Source is adjusted against your income tax liability. Saving: ~₹22,000 3️⃣ Depreciation Benefit: You can show the car as a business asset. Over 4-5 years, you claim the full ₹22L value as an expense. If you are in the 30% tax bracket (plu
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