Court Upholds 10% Disallowance of Phone and Car Expenses for Luxury Vehicles Used by Firm Partners.

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....Disallowance of telephone expenses and motor car expenses at the rate of 10% on adhoc basis - t there are a no. of luxury vehicles which are used by the partners of the firm - the act of the AO to estimate personal use of the vehicle @ 10% cannot be treated as excessive - AT....