https://www.taxtmi.com/highlights?id=32048 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 en-us Thu, 10 Nov 2016 17:45:06 +0530 Thu, 10 Nov 2016 17:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32048 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 Highlights Income Tax Thu, 10 Nov 2016 17:45:06 +0530 https://www.taxtmi.com/highlights?id=32048