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| The Tax Publishers2019 TaxPub(DT) 8287 (Pune-Trib) INCOME TAX ACT, 1961
Section 37(1)
As assessee had not been able to contradict non business and personal use of aircrafts disallowance of 15% of aircraft expenses including depreciation was justified.
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Business expenditure - Aircraft expenses including depreciation - Non-furnishing of necessary details -
Assessee claimed deduction of aircraft expenses including depreciation AO disallowed 1/3 rd thereof on the ground that assessee had not furnished details of all flights and persons who travelled along with purpose of visits.Held: As assessee had not been able to contradict non-business and personal use of aircrafts disallowance of 15% of aircraft expenses including depreciation was justified.
REFERRED :
FAVOUR : Partly in assessee's favour.
A.Y. : 2011-12
INCOME TAX ACT, 1961
Section 32(1)
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