https://www.taxtmi.com/caselaws?id=179275 The Tribunal dismissed the appeal, ruling that the assessee was not entitled to a higher rate of depreciation on vehicles used for transporting its own goods. The decision highlighted that the higher depreciation rate is applicable only to vehicles used in the business of running them on hire. The judgment was delivered on 16-08-2013. en-us Fri, 16 Aug 2013 00:00:00 +0530 Thu, 15 Dec 2016 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179275 The Tribunal dismissed the appeal, ruling that the assessee was not entitled to a higher rate of depreciation on vehicles used for transporting its own goods. The decision highlighted that the higher depreciation rate is applicable only to vehicles used in the business of running them on hire. The judgment was delivered on 16-08-2013. Case-Laws Income Tax Fri, 16 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179275