https://www.taxtmi.com/caselaws?id=71510 The Tribunal ruled against the assessee, disallowing the deduction claim for the purchase of a car under section 32AB. The Tribunal held that a car falls under the definition of a road transport vehicle, making it ineligible for deduction. Additionally, the Tribunal found that the Rs. 20,000 component paid for the car purchase did not qualify for deduction under section 32AB, as sub-section (4) covers both clauses of sub-section (1), and any amount used for a road transport vehicle purchase is not deductible. The application for rectification was dismissed. en-us Thu, 08 Feb 1996 00:00:00 +0530 Mon, 25 Apr 2011 13:30:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71510 The Tribunal ruled against the assessee, disallowing the deduction claim for the purchase of a car under section 32AB. The Tribunal held that a car falls under the definition of a road transport vehicle, making it ineligible for deduction. Additionally, the Tribunal found that the Rs. 20,000 component paid for the car purchase did not qualify for deduction under section 32AB, as sub-section (4) covers both clauses of sub-section (1), and any amount used for a road transport vehicle purchase is not deductible. The application for rectification was dismissed. Case-Laws Income Tax Thu, 08 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71510