https://www.taxtmi.com/caselaws?id=282177 Higher depreciation for lorries under the hire-vehicle entry was not available on the existing record because the books did not show hire income for the relevant years and the factual basis for use of the vehicles on hire was not clearly established. The assessing authority had denied the claim on that ground, while the appellate authority and Tribunal relied mainly on other assessment orders without addressing the distinguishing facts for the years in question. The matter was remitted for fresh enquiry into whether the lorries were actually used for hire and whether income from hiring had been earned. en-us Mon, 07 Apr 2003 00:00:00 +0530 Thu, 25 Jul 2019 11:38:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282177 Higher depreciation for lorries under the hire-vehicle entry was not available on the existing record because the books did not show hire income for the relevant years and the factual basis for use of the vehicles on hire was not clearly established. The assessing authority had denied the claim on that ground, while the appellate authority and Tribunal relied mainly on other assessment orders without addressing the distinguishing facts for the years in question. The matter was remitted for fresh enquiry into whether the lorries were actually used for hire and whether income from hiring had been earned. Case-Laws Income Tax Mon, 07 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282177