https://www.taxtmi.com/caselaws?id=56428 The Tribunal allowed the assessee's appeal for the assessment years 1984-85 and 1985-86, overturning the disallowance of car expenses. It was found that the car was primarily used for business purposes by the company's directors, with no evidence of personal use in the relevant assessment years. Even if there was personal use, it was considered a perquisite for the directors, not a ground for disallowance for the company. The Tribunal emphasized that tax matters should be decided on individual merits, leading to the cancellation of the 20% disallowance of car expenses and depreciation. en-us Fri, 27 Dec 1996 00:00:00 +0530 Fri, 03 Dec 2010 16:10:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56428 The Tribunal allowed the assessee's appeal for the assessment years 1984-85 and 1985-86, overturning the disallowance of car expenses. It was found that the car was primarily used for business purposes by the company's directors, with no evidence of personal use in the relevant assessment years. Even if there was personal use, it was considered a perquisite for the directors, not a ground for disallowance for the company. The Tribunal emphasized that tax matters should be decided on individual merits, leading to the cancellation of the 20% disallowance of car expenses and depreciation. Case-Laws Income Tax Fri, 27 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56428