https://www.taxtmi.com/caselaws?id=788512 Vehicle-related expenditure claimed against business income was allowed only to the extent supported by business nexus, because the assessee failed to prove exclusive use for business; on a reasonable estimate, 60% was permitted and 40% disallowed. Agricultural income was not liable to be reclassified as income from other sources, because ownership of agricultural land, past comparable returns, and the claim of leased agricultural operations sufficiently supported the receipt; the addition was deleted. The decision applies a partial allowance where business use is not fully proved, and rejects recharacterisation of supported agricultural income without contrary evidence. en-us Thu, 19 Mar 2026 00:00:00 +0530 Tue, 24 Mar 2026 08:12:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788512 Vehicle-related expenditure claimed against business income was allowed only to the extent supported by business nexus, because the assessee failed to prove exclusive use for business; on a reasonable estimate, 60% was permitted and 40% disallowed. Agricultural income was not liable to be reclassified as income from other sources, because ownership of agricultural land, past comparable returns, and the claim of leased agricultural operations sufficiently supported the receipt; the addition was deleted. The decision applies a partial allowance where business use is not fully proved, and rejects recharacterisation of supported agricultural income without contrary evidence. Case-Laws Income Tax Thu, 19 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788512