Assessee Claims 50% Depreciation Rate on 'Light Motor Vehicle' for Tax Benefits Under Applicable Regulations.

Assessee Claims 50% Depreciation Rate on 'Light Motor Vehicle' for Tax Benefits Under Applicable Regulations. https://www.taxtmi.com/highlights?id=21451 The vehicle in respect of which assessee seeks to claim depreciation @ 50% is a ‘light motor vehicle’ and therefore the claim for enhanced rate of depreciation is on a sound footing - AT en-us Sat, 17 Jan 2015 10:20:41 +0530 Sat, 17 Jan 2015 10:20:41 +0530 TaxTMI RSS Generator Assessee Claims 50% Depreciation Rate on 'Light Motor Vehicle' for Tax Benefits Under Applicable Regulations. https://www.taxtmi.com/highlights?id=21451 The vehicle in respect of which assessee seeks to claim depreciation @ 50% is a ‘light motor vehicle’ and therefore the claim for enhanced rate of depreciation is on a sound footing - AT Highlights Income Tax Sat, 17 Jan 2015 10:20:41 +0530 https://www.taxtmi.com/highlights?id=21451