Assessment of trust - purchase of luxury car i.e. Audi Car - ...

Trust's Audi Purchase: Expense Allowance Questioned for Luxury Status, Past Claims Accepted Without Issue.

March 10, 2023

Case Laws Income Tax AT

Assessment of trust - purchase of luxury car i.e. Audi Car - purchase of for the benefit of trustess only or not for charitable use? - Merely because the vehicle happens to be luxury car should not be reason to make disallowance when in earlier years, claim of assessee was accepted - AT

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Assessment of trust - purchase of luxury car i.e. Audi Car - ...

Trust's Audi Purchase: Expense Allowance Questioned for Luxury Status, Past Claims Accepted Without Issue.

March 10, 2023

Case Laws Income Tax AT

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