Disallowing any part of the depreciation on account of personal ...

Court Rules Against Disallowing Depreciation for Director's Car Use u/s 38(2), Citing Lack of Personal Use Evidence.

February 20, 2014

Case Laws Income Tax HC

Disallowing any part of the depreciation on account of personal use of the directors, u/s 38(2), does not appear to have been passed upon application of mind, when the director had no opportunity to use the car - HC

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Disallowing any part of the depreciation on account of personal ...

Court Rules Against Disallowing Depreciation for Director's Car Use u/s 38(2), Citing Lack of Personal Use Evidence.

February 20, 2014

Case Laws Income Tax HC

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