https://www.taxtmi.com/caselaws?id=192563 Initial depreciation on a business asset is subject to proportionate restriction where the asset is not wholly used for business purposes. Because the car was used partly for business and partly for private use, the full allowance was unavailable and had to be limited to the fair proportion otherwise allowable under the controlling provision. The depreciation claim was therefore restricted, and the assessee could not recover the entire amount claimed. en-us Mon, 18 Apr 1960 00:00:00 +0530 Tue, 06 Jun 2017 15:05:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192563 Initial depreciation on a business asset is subject to proportionate restriction where the asset is not wholly used for business purposes. Because the car was used partly for business and partly for private use, the full allowance was unavailable and had to be limited to the fair proportion otherwise allowable under the controlling provision. The depreciation claim was therefore restricted, and the assessee could not recover the entire amount claimed. Case-Laws Income Tax Mon, 18 Apr 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192563