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    Income Tax

    There no rationale in treating the amount of depreciation on...

    Depreciation on Employee Cars Should Be Recognized as Business Expense, Not Personal Use.

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    Income TaxJuly 8, 2015Case LawsAT

    There no rationale in treating the amount of depreciation on cars as for personal use, when admittedly these have been provided to employees. A company is a separate legal entity distinct from its directors or employees. - AT

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