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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Claim of depreciation, interest and maintenance expenses for the ...


BMW Depreciation, Interest, and Maintenance Claims Denied Due to Lack of Ownership Proof and Business Use Evidence.

September 27, 2019

Case Laws     Income Tax     AT

Claim of depreciation, interest and maintenance expenses for the BMW car - Assessee has not established that it is owner of the impugned Car and the car was used wholly and exclusively for the purposes of its business - additions confirmed - AT

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