https://www.taxtmi.com/caselaws?id=201362 The High Court of Allahabad dismissed the appeal against the Income Tax Appellate Tribunal's order allowing 40% depreciation on vehicles used for transport business, noting that similar appeals by the Income Tax Department against the assessee for different assessment years were also dismissed. The appeal was found to have no merit and was accordingly dismissed. en-us Thu, 16 Dec 2010 00:00:00 +0530 Tue, 04 Jan 2011 22:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201362 The High Court of Allahabad dismissed the appeal against the Income Tax Appellate Tribunal's order allowing 40% depreciation on vehicles used for transport business, noting that similar appeals by the Income Tax Department against the assessee for different assessment years were also dismissed. The appeal was found to have no merit and was accordingly dismissed. Case-Laws Income Tax Thu, 16 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201362