Adjustment: Expense Disallowance Reduced from 20% to 10% for Travel, Vehicle, and Maintenance Costs.

Adjustment: Expense Disallowance Reduced from 20% to 10% for Travel, Vehicle, and Maintenance Costs. https://www.taxtmi.com/highlights?id=44073 Ad-hoc disallowance made @20% under the heads of i) Travelling Expenses ii) Vehicle Expenses and iii) Repair and Maintenance Expenses - In following the rule of consistency and status quo, the additions confirmed @ 10% on each of these heads. en-us Wed, 23 Jan 2019 11:59:10 +0530 Wed, 23 Jan 2019 11:59:10 +0530 TaxTMI RSS Generator Adjustment: Expense Disallowance Reduced from 20% to 10% for Travel, Vehicle, and Maintenance Costs. https://www.taxtmi.com/highlights?id=44073 Ad-hoc disallowance made @20% under the heads of i) Travelling Expenses ii) Vehicle Expenses and iii) Repair and Maintenance Expenses - In following the rule of consistency and status quo, the additions confirmed @ 10% on each of these heads. Highlights Income Tax Wed, 23 Jan 2019 11:59:10 +0530 https://www.taxtmi.com/highlights?id=44073