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    <title>Company Director&#039;s Car Ownership Doesn&#039;t Prove Business Use Without Logbook Evidence, Says Assessing Officer in Tax Inquiry.</title>
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    <description>Merely because the car is in the name of director the usage of car for the purpose of business cannot be ruled out. However, the fact remains that when the AO has specifically asked for production of log book, the assessee failed to furnish log book to prove the use of vehicle for the purpose of business. - AT</description>
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      <description>Merely because the car is in the name of director the usage of car for the purpose of business cannot be ruled out. However, the fact remains that when the AO has specifically asked for production of log book, the assessee failed to furnish log book to prove the use of vehicle for the purpose of business. - AT</description>
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