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2004 (1) TMI 34 - HC - Income TaxDepreciation on vehicle - Tribunal holding that assessee failed to prove the fact that the cars were used by the Indian companies for the foreign tourists - It is required to be noted that it is the assessee who has to give his vehicle to the tourists on hire basis so as to earn the benefits under section 32. - If the vehicle is used on hire for tourists, only then a person would be entitled to get the benefit - Tribunal has rightly held that the vehicles were not used for the purpose for which benefit was claimed
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