DCIT, NEW DELHI vs. M/S SAHARA INDIA MASS COMMUNICATION LTD., MUMBAI

In the result, appeals filed by the Revenue are partly allowed

Bench: Shri S. Rifaur Rahman & Shri Vimal Kumar

5% of miscellaneous expenses I. (fuel, telephone, etc., totaling Rs. 22,09,749) on the ground that company vehicles and telephones may be partly for personal use of directors/officers. Revenue's Arguments-Proposition A: Corporate Personality Does Not II. Immunize Personal-Use Disallowance The assessee and CIT(A) argued: "The assessee is a company (artificial juridical person) and therefore cannot

DCIT, NEW DELHI vs. M/S SAHARA INDIA MASS COMMUNICATION LTD., MUMBAI

In the result, appeals filed by the Revenue are partly allowed