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2013 (11) TMI 1667 - HC - Income TaxEntitlement to deprecation at higher rate on the vehicles leased out to third parties - Held that:- Assessee engaged in the business of lease financing was entitled to higher rate of depreciation on vehicles used for hire, even when the vehicles were leased out to a third party. See I.C.D.S. Ltd. vs. CIT [2013 (1) TMI 344 - SUPREME COURT]
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