https://www.taxtmi.com/highlights?id=105607 Higher depreciation is available for dumpers and tippers used under composite mining contracts where they transport excavated overburden and minerals owned by mine operators as part of contracted transportation services. CBDT clarification distinguishes vehicles deployed in the taxpayer's own goods-transport business on hire from those used in a non-hiring business. Where excavation and transportation are inseparable contractual obligations, the transport use constitutes hired service rather than merely incidental internal use. This treatment does not extend to occasional hiring, transportation ancillary to another business, or distinguishable leasing arrangements. en-us Fri, 30 Oct 2026 09:43:52 +0530 Fri, 30 Oct 2026 09:43:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105607 Higher depreciation is available for dumpers and tippers used under composite mining contracts where they transport excavated overburden and minerals owned by mine operators as part of contracted transportation services. CBDT clarification distinguishes vehicles deployed in the taxpayer's own goods-transport business on hire from those used in a non-hiring business. Where excavation and transportation are inseparable contractual obligations, the transport use constitutes hired service rather than merely incidental internal use. This treatment does not extend to occasional hiring, transportation ancillary to another business, or distinguishable leasing arrangements. Highlights Income Tax Fri, 30 Oct 2026 09:43:52 +0530 https://www.taxtmi.com/highlights?id=105607