https://www.taxtmi.com/caselaws?id=11253 HC held that the term "used" in s.32 requires actual use of a vehicle in the business, not mere readiness for use, so an assessee cannot claim depreciation where the asset was only ready but not actually employed. The court found no substantial question of law and dismissed the appeal in limine. en-us Thu, 09 Jan 2003 00:00:00 +0530 Mon, 29 Sep 2025 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11253 HC held that the term "used" in s.32 requires actual use of a vehicle in the business, not mere readiness for use, so an assessee cannot claim depreciation where the asset was only ready but not actually employed. The court found no substantial question of law and dismissed the appeal in limine. Case-Laws Income Tax Thu, 09 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11253