https://www.taxtmi.com/caselaws?id=172780 The Bombay High Court upheld ITAT's decision allowing 40% depreciation on vehicles given on hire, instead of 25%. The court found no fault in ITAT's conclusion based on the evidence provided by the assessee, and the appeal was dismissed. en-us Fri, 17 Jun 2011 00:00:00 +0530 Mon, 31 Aug 2015 10:20:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172780 The Bombay High Court upheld ITAT's decision allowing 40% depreciation on vehicles given on hire, instead of 25%. The court found no fault in ITAT's conclusion based on the evidence provided by the assessee, and the appeal was dismissed. Case-Laws Income Tax Fri, 17 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172780