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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Merely because telephone call register is not maintained or ...


Business Expenses Valid Without Call Register or Logbook If Used for Business Purposes, Says Court.

August 1, 2017

Case Laws     Income Tax     AT

Merely because telephone call register is not maintained or vehicle logbook is not available, expenses cannot be disallowed on ad hoc basis when the telephone is installed and used for the purpose of business and vehicles are also owned and used by the assessee for the purpose of business.

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