2012 (10) TMI 1047

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....GMENT 1. Two questions of law raised by the Revenue in this appeal read as: "(A) Whether on the facts and in the circumstance of the case and in law the Tribunal was right in holding that motor cars are commercial vehicles and the assessee is entitled to depreciation at the rate of 50% by ignoring the provisions of Old Appendix 1 part A item 111(2) of the Income-tax Rules, 1962,' relevan....