2011 (6) TMI 737

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....thi i/by. Mr. Raj Darak, Advocate for the respondent JUDGEMENT Whether the ITAT was justified in holding that the depreciation at 40% instead of 25% was allowable to the assessee on the vehicles given on hire, is the question raised in this Appeal. 2. The ITAT after considering the decision of the Apex Court in the case of Commissioner of Income Tax V/s. Gupta Global Exim P. Ltd reported in [20....