Partner's car used in firm business qualifies for depreciation under section 32 when ownership and business use are established.

Depreciation under section 32 is allowable where the asset is owned by the assessee and used for the purposes of his business. On that basis, a partner may claim depreciation on a motor car owned by him if it is used in the business of the partnership firm, because partnership business is carried on through its partners and the user requirement is satisfied for the partner's business computation. The assessee was therefore entitled to depreciation on the motor car.

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Issues: Whether the assessee, being a partner, was entitled to depreciation on a motor car owned by him and used for the business of the partnership firm.

Analysis: Depreciation under section 32 of the Income-tax Act, 1961 is allowable where the asset is owned by the assessee and is used for the purposes of his business. A partnership business is carried on through its partners, and where the partner's car is utilised in the firm's business, the user requirement is satisfied for the partner's business computation. The cited authorities supported the view that the assessee, as a partner, had used the asset for business purposes.

Conclusion: The assessee was entitled to depreciation on the motor car under section 32.

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