Depreciation u/s 32 - use of vehicles by way of leasing out to ...
Supreme Court: Higher Depreciation Allowed for Leased Vehicles Under IT Act Section 32 if Used in Leasing Business.
January 16, 2013
Case Laws Income Tax SC
Depreciation u/s 32 - use of vehicles by way of leasing out to others and not as actual user of the vehicles - business of running them on hire - ownership established - higher depreciation allowed - SC
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