https://www.taxtmi.com/caselaws?id=240925 Higher depreciation on lorries depends on whether the assessee was carrying on a truck-hiring business, not merely on the inclusion of hire income; the matter was remitted for fresh factual examination. Disallowance for iron and steel purchases could not be sustained without verifying whether the photocopies of bills were authenticated by sellers and supported by account payee cheques; the issue was restored for verification, with deletion directed if authenticity was proved. For broken-stone purchases, typewritten or handwritten slips, supplier confirmations, and cheque payments were held sufficient to support genuineness, so insistence on printed bills was unwarranted and the disallowance was deleted. en-us Thu, 31 Jan 2013 00:00:00 +0530 Sat, 14 Dec 2013 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240925 Higher depreciation on lorries depends on whether the assessee was carrying on a truck-hiring business, not merely on the inclusion of hire income; the matter was remitted for fresh factual examination. Disallowance for iron and steel purchases could not be sustained without verifying whether the photocopies of bills were authenticated by sellers and supported by account payee cheques; the issue was restored for verification, with deletion directed if authenticity was proved. For broken-stone purchases, typewritten or handwritten slips, supplier confirmations, and cheque payments were held sufficient to support genuineness, so insistence on printed bills was unwarranted and the disallowance was deleted. Case-Laws Income Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240925