https://www.taxtmi.com/caselaws?id=83516 Further depreciation on an imported used car was considered justified where the vehicle was an 1983 model and about 91/2 years old at import. The lower authorities had already allowed depreciation based on the car's age and condition, but the Tribunal held that the admitted age and import circumstances warranted an additional increase to meet the ends of justice. The appellant was therefore entitled to an extra 10% depreciation, bringing total depreciation to 65%, and the appeal was partly allowed. en-us Tue, 17 May 1994 00:00:00 +0530 Thu, 14 Jul 2011 10:22:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83516 Further depreciation on an imported used car was considered justified where the vehicle was an 1983 model and about 91/2 years old at import. The lower authorities had already allowed depreciation based on the car's age and condition, but the Tribunal held that the admitted age and import circumstances warranted an additional increase to meet the ends of justice. The appellant was therefore entitled to an extra 10% depreciation, bringing total depreciation to 65%, and the appeal was partly allowed. Case-Laws Customs Tue, 17 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83516