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2010 (1) TMI 382 - HC - Income TaxDepreciation - The question raised pertains to the assessee’s claim for higher rate of depreciation on tipper trucks and JCB mainly used for own business and partly let out to other parties. Held that- the main use of the vehicles should be to let on hire and not to use in the assessee’s own business. Since the items were predominantly used in the assessee’s own business, thus the assessee is entitled to depreciation only at normal rate which is granted. Consequently the appeal is dismissed.
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