https://www.taxtmi.com/highlights?id=50069 Higher rate of depreciation - Depreciation on business of civil contract @30% or 15% - in the case of assessee’s own business, the wear and tear is lesser than the vehicles used in running on hire - the assessee is disentitled for higher rate of depreciation en-us Wed, 06 Nov 2019 11:52:45 +0530 Wed, 06 Nov 2019 11:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50069 Higher rate of depreciation - Depreciation on business of civil contract @30% or 15% - in the case of assessee’s own business, the wear and tear is lesser than the vehicles used in running on hire - the assessee is disentitled for higher rate of depreciation Highlights Income Tax Wed, 06 Nov 2019 11:52:45 +0530 https://www.taxtmi.com/highlights?id=50069