https://www.taxtmi.com/caselaws?id=461777 Section 40(a)(ia) was held inapplicable to hire charges that had been paid during the year and were not outstanding at year-end, so the disallowance was deleted. For repair, maintenance, tyres and tubes expenses, the absence of complete bills and vouchers justified a restricted disallowance, and the appellate restriction was sustained. Higher depreciation on trucks, trailers, excavators and similar equipment was allowed on the view that, by functional use, they could qualify as plant and machinery. The deletion of disallowance for diesel expenses was also upheld because the expenditure was found to have been incurred for business purposes. The result was partial relief to the assessee. en-us Fri, 11 Mar 2016 00:00:00 +0530 Mon, 28 Apr 2025 19:07:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461777 Section 40(a)(ia) was held inapplicable to hire charges that had been paid during the year and were not outstanding at year-end, so the disallowance was deleted. For repair, maintenance, tyres and tubes expenses, the absence of complete bills and vouchers justified a restricted disallowance, and the appellate restriction was sustained. Higher depreciation on trucks, trailers, excavators and similar equipment was allowed on the view that, by functional use, they could qualify as plant and machinery. The deletion of disallowance for diesel expenses was also upheld because the expenditure was found to have been incurred for business purposes. The result was partial relief to the assessee. Case-Laws Income Tax Fri, 11 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461777