https://www.taxtmi.com/caselaws?id=184059 Vehicles leased out to a third party for being run on hire were treated as eligible for depreciation at the higher rate, following the earlier ruling on the same point. The Revenue's objection that the actual use of the vehicles by the lessee on hire had not been examined was not entertained because the point had not been raised before the Tribunal and was not the Assessing Officer's case. On that basis, the assessee's entitlement to higher depreciation was affirmed. en-us Fri, 02 May 2003 00:00:00 +0530 Tue, 28 Jun 2016 17:44:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184059 Vehicles leased out to a third party for being run on hire were treated as eligible for depreciation at the higher rate, following the earlier ruling on the same point. The Revenue's objection that the actual use of the vehicles by the lessee on hire had not been examined was not entertained because the point had not been raised before the Tribunal and was not the Assessing Officer's case. On that basis, the assessee's entitlement to higher depreciation was affirmed. Case-Laws Income Tax Fri, 02 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184059