https://www.taxtmi.com/caselaws?id=181143 The High Court ruled in favor of the assessee on both issues. The disallowance of Rs. 20,000 from motor car expenses for personal and non-business use was deleted based on precedents and legal judgments. Additionally, the entitlement to investment allowance on a computer microprocessor was allowed following legal precedents. The Court emphasized past judgments and legal interpretations in its decision, ultimately ruling in favor of the assessee without costs awarded. en-us Wed, 19 Jan 2005 00:00:00 +0530 Fri, 08 Apr 2016 11:53:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181143 The High Court ruled in favor of the assessee on both issues. The disallowance of Rs. 20,000 from motor car expenses for personal and non-business use was deleted based on precedents and legal judgments. Additionally, the entitlement to investment allowance on a computer microprocessor was allowed following legal precedents. The Court emphasized past judgments and legal interpretations in its decision, ultimately ruling in favor of the assessee without costs awarded. Case-Laws Income Tax Wed, 19 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181143