TMI BlogCompany Can Claim Depreciation on Car as Beneficial Owner, Despite Lack of Legal Ownership.Depreciation on motor car - though the assessee company was not vested with the legal ownership of the vehicle, but then, it remained the beneficial owner of the same - assessee was duly entitled towards the claim of depreciation - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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