Purchasing of motor vehicle for valuable consideration from ...

Vehicles Used for Business Qualify for Depreciation Even if Not Registered in Assessee's Name.

September 30, 2016

Case Laws Income Tax AT

Purchasing of motor vehicle for valuable consideration from assessee’s account and using the same for the business purpose, depreciation cannot be denied on the ground that the vehicle was not registered in assessee’s name”. - AT

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Purchasing of motor vehicle for valuable consideration from ...

Vehicles Used for Business Qualify for Depreciation Even if Not Registered in Assessee's Name.

September 30, 2016

Case Laws Income Tax AT

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