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2011 (8) TMI 1368 - HC - Income TaxExtract: ....... by the assessee does not exceed 7,500 kgs. In these circumstances, the finding recorded by the I.T.A.T. that the assessee is entitled to depreciation @ 50% on the BMW motor car as per rule III(2)(iid) of AppendixI of the Income Tax Rules, 1962 cannot be faulted. 9. In the result, we see no merit in the appeal. Appeal is, therefore, dismissed.
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