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2006 (1) TMI 203 - AT - Income TaxExtract: ....... was held that no disallowance can be made in the hands of the company for personal use of facilities by the directors for the reason that the company is a separate legal entity distinct from its directors. Respectfully following the precedent, we uphold the impugned order on this score. 9. In the result, the appeal of the Revenue stands dismissed.
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