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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Addition of vehicle expenses debited to profit & loss account ...

Case Laws     Income Tax

September 14, 2015

Addition of vehicle expenses debited to profit & loss account treating the same as expenses for non-business purposes - Though no construction activity was carried out by the Assessee but it does not warrant the disallowance of 75% of the expenses for non business purpose - AT

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