ITAT Bangalore Disallows 50% of Motor Car Expense Due to Lack of Furnished Details

Moodbidri Mithun Chowter Vs DCIT (ITAT Bangalore) ITAT Bangalore held that the assessee has failed to furnish entire motor car expenses details accordingly 50% disallowance with regard to motor car and motor bike expenses confirmed. Facts- Vide the present appeal, the assessee has challenged only two issues regarding disallowance of Rs. 1,99,291 towards motor car & Rs.29,345 on motor bikes; and adhoc disallowance towards salary, rent, machine charges & bonus. Conclusion- Held that assessee has not furnished the entire motor car expenses details and personal use cannot be denied as the ...