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Income Tax - Highlights / Catch Notes

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Disallowance of telephone expenses and motor car expenses at the ...

Case Laws     Income Tax

April 6, 2018

Disallowance of telephone expenses and motor car expenses at the rate of 10% on adhoc basis - t there are a no. of luxury vehicles which are used by the partners of the firm - the act of the AO to estimate personal use of the vehicle @ 10% cannot be treated as excessive - AT

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