Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2001 (9) TMI 50 - HC - Income Tax
Extract:
.......re and was, therefore, entitled to the higher rate of depreciation. The question referred for the assessment year 1991-92, Whether the Tribunal was right in law in granting higher depreciation to trucks as falling under entry 111(2)(ii) of Appendix I to the Income-tax Rules? is therefore, answered in favour of the assessee, and against the Revenue.