https://www.taxtmi.com/caselaws?id=352375 Crawler cranes and dozers used in a hire business were treated as eligible for higher depreciation as motor vehicles rather than as plant and machinery. The decisive factor was their functional character: they were mechanically propelled, capable of self-movement, and comparable in use to transport vehicles. The Tribunal also noted that registration under the Motor Vehicles Act was not a condition precedent for depreciation under the Income-tax Act. On that basis, the higher depreciation claim was accepted and the disallowance was held unsustainable. en-us Fri, 08 Dec 2017 00:00:00 +0530 Wed, 13 Dec 2017 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352375 Crawler cranes and dozers used in a hire business were treated as eligible for higher depreciation as motor vehicles rather than as plant and machinery. The decisive factor was their functional character: they were mechanically propelled, capable of self-movement, and comparable in use to transport vehicles. The Tribunal also noted that registration under the Motor Vehicles Act was not a condition precedent for depreciation under the Income-tax Act. On that basis, the higher depreciation claim was accepted and the disallowance was held unsustainable. Case-Laws Income Tax Fri, 08 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352375