https://www.taxtmi.com/caselaws?id=242124 The Tribunal allowed the assessee's appeal, condoning the delay in filing due to medical reasons and allowing the depreciation claim on a commercial bus. It emphasized the importance of proving ownership and usage for depreciation claims, disregarding transport rule violations as grounds for disallowance. The Tribunal ruled in favor of the assessee, highlighting that technical limitations should not impede valid claims. en-us Fri, 24 May 2013 00:00:00 +0530 Wed, 08 Jan 2014 08:25:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242124 The Tribunal allowed the assessee's appeal, condoning the delay in filing due to medical reasons and allowing the depreciation claim on a commercial bus. It emphasized the importance of proving ownership and usage for depreciation claims, disregarding transport rule violations as grounds for disallowance. The Tribunal ruled in favor of the assessee, highlighting that technical limitations should not impede valid claims. Case-Laws Income Tax Fri, 24 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242124