https://www.taxtmi.com/caselaws?id=15463 Motor vans and three wheelers may fall within the higher depreciation category for motor vehicles if their character and use fit the functional description in Appendix I, Part I of the Income-tax Rules, 1962. The relevant distinction is between vehicles ordinarily meant for personal or family use and vehicles used for hire, carriage of goods, or other non-personal operations. Even without express enumeration, a vehicle can be classified under the appropriate head where its nature answers that category. On that reasoning, goods vehicles such as vans and three wheelers are treated as within item III-D(9) and eligible for depreciation at the enhanced rate. en-us Wed, 18 Feb 1998 00:00:00 +0530 Thu, 06 Aug 2009 17:08:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15463 Motor vans and three wheelers may fall within the higher depreciation category for motor vehicles if their character and use fit the functional description in Appendix I, Part I of the Income-tax Rules, 1962. The relevant distinction is between vehicles ordinarily meant for personal or family use and vehicles used for hire, carriage of goods, or other non-personal operations. Even without express enumeration, a vehicle can be classified under the appropriate head where its nature answers that category. On that reasoning, goods vehicles such as vans and three wheelers are treated as within item III-D(9) and eligible for depreciation at the enhanced rate. Case-Laws Income Tax Wed, 18 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15463