https://www.taxtmi.com/highlights?id=48873 Ad-hock disallowance of depreciation - non maintenance of log book - it was required to demonstrate that the vehicle has been used wholly and exclusively for the business purposes and in the absence of such evidence, it cannot be inferred that the vehicle was not used for personal use - disallowance upheld en-us Mon, 26 Aug 2019 06:41:34 +0530 Mon, 26 Aug 2019 06:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48873 Ad-hock disallowance of depreciation - non maintenance of log book - it was required to demonstrate that the vehicle has been used wholly and exclusively for the business purposes and in the absence of such evidence, it cannot be inferred that the vehicle was not used for personal use - disallowance upheld Highlights Income Tax Mon, 26 Aug 2019 06:41:34 +0530 https://www.taxtmi.com/highlights?id=48873