https://www.taxtmi.com/caselaws?id=798581 Personal-use disallowance may be proportionately applied to motor-car depreciation, insurance and fuel expenditure where business use is not exclusive, but car-loan interest remains allowable absent evidence that borrowings served a non-business purpose. Interest-free advances do not justify interest disallowance where sufficient own funds existed at the relevant time, unless a nexus with interest-bearing borrowings is established; fund availability and commercial expediency require verification. Salary, wages and labour charges require verification of payee identity, payment, genuineness and business nexus. Adverse third-party statements must be disclosed, with a meaningful opportunity to rebut and seek cross-examination where warranted; unsupported ad hoc estimates cannot sustain disallowance. en-us Wed, 02 Sep 2026 00:00:00 +0530 Wed, 09 Sep 2026 08:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798581 Personal-use disallowance may be proportionately applied to motor-car depreciation, insurance and fuel expenditure where business use is not exclusive, but car-loan interest remains allowable absent evidence that borrowings served a non-business purpose. Interest-free advances do not justify interest disallowance where sufficient own funds existed at the relevant time, unless a nexus with interest-bearing borrowings is established; fund availability and commercial expediency require verification. Salary, wages and labour charges require verification of payee identity, payment, genuineness and business nexus. Adverse third-party statements must be disclosed, with a meaningful opportunity to rebut and seek cross-examination where warranted; unsupported ad hoc estimates cannot sustain disallowance. Case-Laws Income Tax Wed, 02 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798581