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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

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

Case Laws     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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