https://www.taxtmi.com/caselaws?id=29276 The court held that only the portion of car expenses attributable to personal use by directors should be subject to the ceiling limit under Section 40(a)(v) or Section 40A(5) of the Income-tax Act, 1961. Expenses for the maintenance of buildings occupied by directors were deemed to fall under these sections and be subject to specified limits. The decision favored the assessee regarding car expenses but favored the Revenue concerning building maintenance expenses. The judgment directed a copy to be sent to the Income-tax Appellate Tribunal, Cochin Bench. en-us Tue, 02 Jun 1981 00:00:00 +0530 Thu, 11 Mar 2010 18:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29276 The court held that only the portion of car expenses attributable to personal use by directors should be subject to the ceiling limit under Section 40(a)(v) or Section 40A(5) of the Income-tax Act, 1961. Expenses for the maintenance of buildings occupied by directors were deemed to fall under these sections and be subject to specified limits. The decision favored the assessee regarding car expenses but favored the Revenue concerning building maintenance expenses. The judgment directed a copy to be sent to the Income-tax Appellate Tribunal, Cochin Bench. Case-Laws Income Tax Tue, 02 Jun 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29276