https://www.taxtmi.com/caselaws?id=68352 The Tribunal allowed the appeal in part, favoring the assessee on various grounds. Disallowance of entertainment expenses was computed based on assessed income, not returned income. Disallowance on account of personal use of phones and vehicles by directors in a company was deemed unjustified. Non-allowance of 100% depreciation on office equipment was overturned as office appliances were considered 'plant'. Disallowance out of general expenditure was reduced significantly, granting the assessee relief. en-us Wed, 27 Sep 2000 00:00:00 +0530 Fri, 20 Jan 2012 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68352 The Tribunal allowed the appeal in part, favoring the assessee on various grounds. Disallowance of entertainment expenses was computed based on assessed income, not returned income. Disallowance on account of personal use of phones and vehicles by directors in a company was deemed unjustified. Non-allowance of 100% depreciation on office equipment was overturned as office appliances were considered 'plant'. Disallowance out of general expenditure was reduced significantly, granting the assessee relief. Case-Laws Income Tax Wed, 27 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68352