https://www.taxtmi.com/caselaws?id=6913 Expenditure incurred by a partner on a motor car used wholly and exclusively for the partnership firm's business was held deductible in the partner's own assessment under section 37 of the Income-tax Act, 1961. The decisive factual finding was that the car expenses were business expenses of the firm and not personal expenditure. The partner's nil share income for the year did not change the character of the outlay or defeat the deduction. Reimbursement arrangements between the partners were treated as immaterial to the deductibility question, which was answered in favour of allowing the claim. en-us Tue, 11 Jul 1967 00:00:00 +0530 Sat, 07 Feb 2009 08:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6913 Expenditure incurred by a partner on a motor car used wholly and exclusively for the partnership firm's business was held deductible in the partner's own assessment under section 37 of the Income-tax Act, 1961. The decisive factual finding was that the car expenses were business expenses of the firm and not personal expenditure. The partner's nil share income for the year did not change the character of the outlay or defeat the deduction. Reimbursement arrangements between the partners were treated as immaterial to the deductibility question, which was answered in favour of allowing the claim. Case-Laws Income Tax Tue, 11 Jul 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6913