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![Lessor of Vehicle is entitled for Depreciation under Income Tax Act: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Rajasthan-High-Court-Taxscan.jpg "Lessor of Vehicle is entitled for Depreciation under Income Tax Act: Rajasthan HC [Read Order]")
Lessor of Vehicle is entitled for Depreciation under Income Tax Act: Rajasthan HC [Read Order]
The division bench of the Rajasthan High Court, in the case of DCIT Jaipur v. M/s. Baid Leasing & Finance Co. Ltd, held that the lessor of vehicle...