Stats and Demographics for the 37918 ZIP Code. ZIP code 37918 is located in Tennessee and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density. The people living in ZIP code 37918 are primarily white.tats and Demographics for the 37918 ZIP Code. ZIP code 37918 is located in Tennessee and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density. The people living in ZIP code 37918 are primarily white.
Claim a depreciation deduction for a company car on your business income taxes. Comstock/Comstock/Getty Images. When you use a car for your company, the Internal Revenue Service allows you to depreciate the car and write off the expense on your income taxes.
As per section 32 of Income Tax Act, 1961, a assessee is entitled to claim depreciation on fixed assets only if the following conditions are satisfied: 1  Assessee must be owner of the asset â registered owner need not be necessary.2  The asset must be used for the purposes of business or profession.he assessee is entitled to claim depreciation on the residual value of such discarded asset [ie., Opening WDV of such asset less scrap value] even though such discarded asset is not used for the purposes of business or profession in such year and subsequent years.