Use of Vehicles by Directors / Employees as per Terms and Conditions of Employment is not Personal use: ITAT sets aside Disallowance of Vehicle Expenses Incurred [Read Order]

Use of Vehicles by Directors - Terms and Conditions of Employment - Terms and Conditions - Employment - Personal use - Employment is not Personal use - ITAT - Disallowance of Vehicle Expenses - Disallowance -taxscan

The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, while setting aside the disallowance of vehicle expenses incurred, held that the use of vehicles by directors / employees as per the terms and conditions of employment, is not personal use. The aforesaid observation was made by the Pune…

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