14 November 2011
I have received an assessment order u/s 143(3) for A.Y.2008-09 disallowing expenditures namely Motor car, Telephone & Travelling for 20%. the reason that it can't be decided that whether it is of personal nature or not. However, FBT has alrady paid on such expenditure. Whether A.O. is correct in disallowing such 20% of the expenditure??? Please Reply as soon as possible.... Also mention cases supporting your advice.
CAclubindia
