Depreciation in cases of cranes mounted on mobile transport vehicles.

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....etc., has been considered by the board. Instruction No.617 (F.No.202/41/72-ITA-II) dated 13th September 1973 already lays down that Fork -Lift-Trucks which are fitted with diesel Engine as the prime mover hydraulic breaks and pneumatic tyres would be classified under item. No.III (ii) D (9) of Appendix I of the Income-tax Rules, 1962 and would be entitled for the depreciation at 30% . It has been ....