Taxpayer Ineligible for Higher Depreciation Rate on Hiring Vehicles; No Rectification u/s 154 of Income Tax Act.

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....Higher rate of depreciation on account of hiring of vehicles - Since the issue in the instant case is a highly debatable issue, i.e. whether the assessee is entitled to higher rate of depreciation on account of hiring of vehicles, therefore, we are of the considered opinion that it is not a case for rectification u/s.154 - AT....