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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Allowability of depreciation and expenses on motor car ...

Case Laws     Income Tax

November 10, 2016

Allowability of depreciation and expenses on motor car maintenance, car insurance and interest paid on car loan - cars were registered in the name of the directors - AO himself has accepted the use of the car for the purpose of business of the assessee company - deductions allowed - AT

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