TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Road roller not classified as earth-moving machinery, denying 30% depreciation claim. Appeal dismissed.</h1> The Tribunal upheld the decision that a road roller is not considered earth-moving machinery under Income-tax Rules, denying the assessee's claim for 30% ... Plant And Machinery The assessee claimed 30% depreciation on a road roller used for earth removal at a dam construction site, but the ITO and Commissioner (Appeals) allowed only 15% depreciation as the road roller was not considered earth-moving machinery under Income-tax Rules. The Tribunal upheld the decision, stating road roller is not earth-moving machinery or a road transport vehicle eligible for 30% depreciation. The appeal was dismissed.
TaxTMI 
TaxTMI 
