https://www.taxtmi.com/caselaws?id=284135 The ITAT upheld the CIT(A)'s decision that the appellant's vehicles were used in transportation activities, making them eligible for a higher depreciation rate. The Revenue's appeal was dismissed, affirming the higher depreciation rate for the vehicles, following a precedent set in a similar case. en-us Tue, 20 Feb 2018 00:00:00 +0530 Sun, 03 Nov 2019 18:56:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284135 The ITAT upheld the CIT(A)'s decision that the appellant's vehicles were used in transportation activities, making them eligible for a higher depreciation rate. The Revenue's appeal was dismissed, affirming the higher depreciation rate for the vehicles, following a precedent set in a similar case. Case-Laws Income Tax Tue, 20 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284135