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
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
Note: It is a system-generated summary and is for quick reference only.
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