Higher rate of Depreciation on vehicles used for hire purposes - ...

Income Tax

October 6, 2018

Higher rate of Depreciation on vehicles used for hire purposes - dumper and Volvo - It is not in dispute that the assessee has earned rental income from these vehicles. The requirement of the provision stands satisfied - claim of assessee allowed.

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Higher rate of Depreciation on vehicles used for hire purposes - ...

Income Tax

October 6, 2018

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