Depreciation @ 30% - buses which were owned by the assessee and ...
Case Laws Income Tax
November 5, 2019
Depreciation @ 30% - buses which were owned by the assessee and were being run on hire - the natural meaning of the phrase would apply in the present case and those Assessees who are running automobiles for hire would be liable to claim a higher depreciation than those whose automobiles are meant for their use.
View Source