Held that assessee has not maintained any log book for usage of vehicle by proprietor and their family, 20 per cent of depreciation on motor car being attributable to personal usage is affirmed. (AY. 2012-13)
Sanjay Subhashchand Gupta. v. ACIT (2022) 196 ITD 493 (Mum.) (Trib.)
S. 32 : Depreciation-Motor car-Not maintained log book for usage-Personal use-Disallowance of 20% of depreciation is affirmed. [S. 38(2)]