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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Disallowance on account of personal use of vehicle maintenance - ...


10% Vehicle Expense Disallowance for Personal Use Deemed Reasonable Without Logbook Documentation.

December 17, 2017

Case Laws     Income Tax     AT

Disallowance on account of personal use of vehicle maintenance - 10% of vehicle running and maintenance expenses is a reasonable estimate and in absence of log book - AT

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