INCOME TAX : Where assessee, engaged in business of hire purchase and leasing, leased out motor vehicles as part of its business, assessee was entitled to claim higher depreciation at rate of 40 per cent than normal rate of 25 per cent in respect of vehicles so leased outINCOME TAX : Where assessee, engaged in business of hire purchase and leasing, leased out motor vehicles as part of its business, assessee was entitled to claim higher depreciation at rate of 40 per cent than normal rate of 25 per cent in respect of vehicles so leased outwww.taxmann.com Latest Case LawsRead More
