Company Car Use by Directors/Employees Not Non-Business; Tax Expenses Shouldn't Be Disallowed.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Use of car by directors-employees of a company cannot be characterized as used for non-business purpose and, hence, no part of car expenses incurred on such cars can be disallowed. - AT....




TaxTMI
TaxTMI