Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (4) TMI 952 - AT - Income TaxDepreciation on commercial vehicle - claim @50% or 15% has been allowed by the Revenue - HELD THAT:- As relying on CIPRIANI HARRISON VALVES PVT LTD [2017 (4) TMI 116 - ITAT AHMEDABAD] ad SHREE BALAJI PRODUCTS [2016 (11) TMI 443 - ITAT AHMEDABAD] we decide the issue in favour of the assessee; the assessee is entitled to depreciation @50% as claimed. Hence, the appeal is allowed.
|