https://www.taxtmi.com/caselaws?id=262958 Dumpers used to transport other persons' goods were treated as vehicles run on hire, so the higher depreciation rate was available. EPF contributions paid before the due date for filing the return remained allowable despite belated remittance under the welfare law. Ad hoc disallowances for dumper and pay loader hire charges and other expenses could not stand without specific adverse material or identified unverifiable items. A section 68 cash-credit addition required proper verification of the creditor and transaction, so the matter was remanded for examination on merits. en-us Thu, 13 Aug 2015 00:00:00 +0530 Mon, 24 Aug 2015 09:04:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262958 Dumpers used to transport other persons' goods were treated as vehicles run on hire, so the higher depreciation rate was available. EPF contributions paid before the due date for filing the return remained allowable despite belated remittance under the welfare law. Ad hoc disallowances for dumper and pay loader hire charges and other expenses could not stand without specific adverse material or identified unverifiable items. A section 68 cash-credit addition required proper verification of the creditor and transaction, so the matter was remanded for examination on merits. Case-Laws Income Tax Thu, 13 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262958