https://www.taxtmi.com/caselaws?id=21624 The Kerala High Court interpretation of entry III-B(i) of rule 9 of the Agricultural Income-tax Rules, 1951 treated the expression "motor cars" as including a jeep for depreciation purposes under the Kerala Agricultural Income-tax Act, 1950. The court applied its earlier binding construction of the same statutory entry, holding that the same meaning governed subsequent assessment years because the statutory setting was unchanged. On that basis, the jeep qualified for depreciation at the rate applicable to motor cars, and the reference was answered in favour of the assessee and against the Revenue. en-us Wed, 28 Aug 1991 00:00:00 +0530 Thu, 26 Nov 2009 11:25:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21624 The Kerala High Court interpretation of entry III-B(i) of rule 9 of the Agricultural Income-tax Rules, 1951 treated the expression "motor cars" as including a jeep for depreciation purposes under the Kerala Agricultural Income-tax Act, 1950. The court applied its earlier binding construction of the same statutory entry, holding that the same meaning governed subsequent assessment years because the statutory setting was unchanged. On that basis, the jeep qualified for depreciation at the rate applicable to motor cars, and the reference was answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Wed, 28 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21624