Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Addition on account of credit card payment - Since the assessee has himself capitalized these amounts by transferring the same to his capital account without crediting the same in the profit and loss account, additions were rightly made.
Addition on account of credit card payment - Since the assessee has himself capitalized these amounts by transferring the same to his capital account without crediting the same in the profit and loss account, additions were rightly made.
Note: It is a system-generated summary and is for quick reference only.
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