https://www.taxtmi.com/highlights?id=67840 Higher rate of depreciation - machinery is put on hire in the business - the assessee has not shown any hire charges in respect of heavy earth moving machineries used by the assessee in its business of the contract of road building. - The assessee has not hired heavy earth moving machinery in the business of the assessee. - assessee is not entitled to the higher rate of depreciation in respect of said plant and machinery - AT en-us Sat, 21 Jan 2023 14:21:09 +0530 Sat, 21 Jan 2023 14:21:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67840 Higher rate of depreciation - machinery is put on hire in the business - the assessee has not shown any hire charges in respect of heavy earth moving machineries used by the assessee in its business of the contract of road building. - The assessee has not hired heavy earth moving machinery in the business of the assessee. - assessee is not entitled to the higher rate of depreciation in respect of said plant and machinery - AT Highlights Income Tax Sat, 21 Jan 2023 14:21:09 +0530 https://www.taxtmi.com/highlights?id=67840