https://www.taxtmi.com/caselaws?id=798615 Depreciation on a vehicle purchased and paid for by a company, but registered in its director's name, was not pursued as a substantial question of law because depreciation had previously been accepted on the same facts. High Court dismissed the depreciation-related question while admitting the appeal on the remaining substantial questions of law. The stated position treats company payment and accepted depreciation as material circumstances despite registration standing in the director's name. en-us Mon, 27 Jul 2026 00:00:00 +0530 Wed, 09 Sep 2026 12:50:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798615 Depreciation on a vehicle purchased and paid for by a company, but registered in its director's name, was not pursued as a substantial question of law because depreciation had previously been accepted on the same facts. High Court dismissed the depreciation-related question while admitting the appeal on the remaining substantial questions of law. The stated position treats company payment and accepted depreciation as material circumstances despite registration standing in the director's name. Case-Laws Income Tax Mon, 27 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798615