https://www.taxtmi.com/caselaws?id=18365 The High Court ruled in favor of the assessee partnership firm engaged in dam construction in a case involving the classification of dumpers, allowance of additional depreciation for dumpers, eligibility for deduction under section 32A, and depreciation rate for temporary structures at construction sites. The Court held that dumpers were not road transport vehicles, qualified for 30% depreciation as earthmoving machinery, and were entitled to the deduction under section 32A. However, the Court sided with the Revenue on the depreciation rate for temporary structures, allowing only 7.5% instead of the claimed 20%. en-us Wed, 05 Jun 1996 00:00:00 +0530 Wed, 30 Sep 2009 13:52:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18365 The High Court ruled in favor of the assessee partnership firm engaged in dam construction in a case involving the classification of dumpers, allowance of additional depreciation for dumpers, eligibility for deduction under section 32A, and depreciation rate for temporary structures at construction sites. The Court held that dumpers were not road transport vehicles, qualified for 30% depreciation as earthmoving machinery, and were entitled to the deduction under section 32A. However, the Court sided with the Revenue on the depreciation rate for temporary structures, allowing only 7.5% instead of the claimed 20%. Case-Laws Income Tax Wed, 05 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18365