https://www.taxtmi.com/caselaws?id=438689 The Tribunal allowed the appeal, deleting the disallowance of car expenses incurred by a Private Limited company for personal use by the Directors. The Tribunal held that expenses on vehicles used by directors/employees should not be disallowed as personal use, as the company is a separate legal entity distinct from its directors or employees. Consequently, the disallowance of expenses on vehicles was deleted, overturning the CIT(A)'s decision. en-us Tue, 16 May 2023 00:00:00 +0530 Wed, 07 Jun 2023 08:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438689 The Tribunal allowed the appeal, deleting the disallowance of car expenses incurred by a Private Limited company for personal use by the Directors. The Tribunal held that expenses on vehicles used by directors/employees should not be disallowed as personal use, as the company is a separate legal entity distinct from its directors or employees. Consequently, the disallowance of expenses on vehicles was deleted, overturning the CIT(A)'s decision. Case-Laws Income Tax Tue, 16 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438689