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Circular No. 97-Income Tax Maintenance of conveyance – Allowance of deduction therefor when vehicle is in repair – I am directed to invite a reference to the Board’s Circular No. 15 [F. No. 40/22/69-IT(A-I)], dated 8-5-1969 and to say that in the manner of standard deduction from “salaries” under section 16(iv), a question has arisen, viz., whether an assessee who owns a conveyance and uses it for the purposes of
