https://www.taxtmi.com/caselaws?id=174401 The High Court dismissed the appeal without costs, upholding the depreciation claim on assets leased to RSEB due to the genuine nature of the transaction. The Court decided not to address the issue of depreciation on vehicles leased to AMC, leaving it open for potential future consideration. en-us Tue, 15 Mar 2011 00:00:00 +0530 Wed, 07 Oct 2015 18:21:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174401 The High Court dismissed the appeal without costs, upholding the depreciation claim on assets leased to RSEB due to the genuine nature of the transaction. The Court decided not to address the issue of depreciation on vehicles leased to AMC, leaving it open for potential future consideration. Case-Laws Income Tax Tue, 15 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174401