https://www.taxtmi.com/caselaws?id=32257 The court upheld the decision that the appellant was entitled to depreciation at a higher rate for trucks/dumpers owned, as they were used in the business of transportation of goods on hire. The court found no error in the orders of the CIT (A) and the I.T.A.T., dismissing the appeal based on the interpretation of Section 32 of the Income Tax Act and relevant authorities, including a Supreme Court judgment and a Circular issued by the C.B.D.T. en-us Tue, 27 Jan 2009 00:00:00 +0530 Wed, 23 Jun 2010 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32257 The court upheld the decision that the appellant was entitled to depreciation at a higher rate for trucks/dumpers owned, as they were used in the business of transportation of goods on hire. The court found no error in the orders of the CIT (A) and the I.T.A.T., dismissing the appeal based on the interpretation of Section 32 of the Income Tax Act and relevant authorities, including a Supreme Court judgment and a Circular issued by the C.B.D.T. Case-Laws Income Tax Tue, 27 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32257