Lease Rent for Car taken on finance lease allowed in income computation

Editor 19 Jul 2018 6,345 Views 0 comment Print Income Tax | Judiciary

Case Law Details

Case Name : Philips Electronics India Ltd. Vs ACIT (ITAT Kolkata)

Related Assessment Year : 2012-13

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Advocate Akhilesh Kumar Sah

Deduction of lease rentals paid towards cars taken on finance lease allowed while computing income: Phillips India appeal

Recently in, Phillips India Ltd. formerly Philips Electronics India Ltd. vs. ACIT [I.T.A No. 612/Kol/2017, A.Y. : 2012-13, decided on 07.02.2018], apart from other

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Lease Rent for Car taken on finance lease allowed in income computation

Case Law Details

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