Assessee Can Claim Depreciation on Car Registered in Director's Name if Assessee is Beneficial Owner.

Assessee Can Claim Depreciation on Car Registered in Director's Name if Assessee is Beneficial Owner. https://www.taxtmi.com/highlights?id=49957 Depreciation on car - the assessee is eligible for depreciation on the car purchased by it but registered in the name of the director as the assessee is the beneficial owner of such car. en-us Wed, 30 Oct 2019 11:52:37 +0530 Wed, 30 Oct 2019 11:52:37 +0530 TaxTMI RSS Generator Assessee Can Claim Depreciation on Car Registered in Director's Name if Assessee is Beneficial Owner. https://www.taxtmi.com/highlights?id=49957 Depreciation on car - the assessee is eligible for depreciation on the car purchased by it but registered in the name of the director as the assessee is the beneficial owner of such car. Highlights Income Tax Wed, 30 Oct 2019 11:52:37 +0530 https://www.taxtmi.com/highlights?id=49957