Wheel loaders Graders are Motor vehicles eligible for higher depreciation rate at 40% – ITAT
July 13, 2016
Income Tax, ITAT, Judgments
Wheel loaders, Graders are Motor vehicles and are certainly eligible for higher depreciation rate at 40% as per Appendix I of Rule 5 of the Income Tax Rules, 1962 – ITAT ABCAUS Case Law Citation: 970 2016 (07) ITAT Assessment Year 2005-06 Date/Month of Judgment: July 2016 Important …