https://www.taxtmi.com/article/detailed?id=372 Penalties and official orders for plying a vehicle without registration constitute external evidence of actual use, and when combined with ownership and documentary records (invoices, delivery and fabrication bills, tax payments, challans), can establish that the asset was ready and used for business purposes, permitting claim of depreciation despite delayed registration. en-us Mon, 18 May 2009 00:00:00 +0530 Mon, 03 Jan 2011 12:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=372 Penalties and official orders for plying a vehicle without registration constitute external evidence of actual use, and when combined with ownership and documentary records (invoices, delivery and fabrication bills, tax payments, challans), can establish that the asset was ready and used for business purposes, permitting claim of depreciation despite delayed registration. Articles Income Tax Mon, 18 May 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=372