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![30% Depreciation allowable to Motor Lorries used in Business of Transportation of Goods on Hire: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Depreciation-Motor-Lorries-Business-Transportation-of-Goods-Hire-ITAT-Taxscan.jpeg "30% Depreciation allowable to Motor Lorries used in Business of Transportation of Goods on Hire: ITAT [Read Order]")
30% Depreciation allowable to Motor Lorries used in Business of Transportation of Goods on Hire: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cuttack bench has held that 30% depreciation is allowable to motor lorries in the business of...