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

Higher Depreciation Approved for Dumpers and Volvos Used for Hire, Generating Rental Income.

October 6, 2018

Case Laws Income Tax HC

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 - ...

Higher Depreciation Approved for Dumpers and Volvos Used for Hire, Generating Rental Income.

October 6, 2018

Case Laws Income Tax HC

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