Vehicles Used for Business Qualify for Depreciation Even if Not Registered in Assessee's Name.

Vehicles Used for Business Qualify for Depreciation Even if Not Registered in Assessee's Name. https://www.taxtmi.com/highlights?id=31500 Purchasing of motor vehicle for valuable consideration from assessee’s account and using the same for the business purpose, depreciation cannot be denied on the ground that the vehicle was not registered in assessee’s name”. - AT en-us Fri, 30 Sep 2016 14:25:02 +0530 Fri, 30 Sep 2016 14:25:02 +0530 TaxTMI RSS Generator Vehicles Used for Business Qualify for Depreciation Even if Not Registered in Assessee's Name. https://www.taxtmi.com/highlights?id=31500 Purchasing of motor vehicle for valuable consideration from assessee’s account and using the same for the business purpose, depreciation cannot be denied on the ground that the vehicle was not registered in assessee’s name”. - AT Highlights Income Tax Fri, 30 Sep 2016 14:25:02 +0530 https://www.taxtmi.com/highlights?id=31500