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2010 (8) TMI 524 - AT - Income TaxExpenditure - parking slot expenses - assessee liable for FBT in respect of rent relating to car parking area is “running, maintenance and repair expenses of Cars” - running expenses of a motor car usually include fuel oil and other incidental expenses - It is not possible to treat parking slot expenses as analogous to repairs and maintenance - nature of the expenses namely, rent paid for the car parking area does not fall under the category of expenses discussed in the circular issued by the CBDT – Appeal allowed
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