Depreciation u/s. 32 not admissible as usage of car for business purpose not proved: ITAT Mumbai

Sadhana Nayyar Vs ITO (ITAT Mumbai)

ITAT Mumbai disallowed the claim of depreciation under section 32 since assessee failed to prove that car was used for the purpose of assessee’s business wholly or in part. Accordingly, appeal dismissed.

Facts- The assessee claimed to be involved in trading of medical goods and pharmaceuticals in the name and style of M/s. Hansraj Nayyar Medical India. It was found by learned assessing officer that the assessee purchased a new car for Rs. 11,80,474/- and claimed depreciation of Rs. 1,77,071/- on asset being a motor car (

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