Depreciation on vehicle fully allowable despite Partial personal use

Ralhan Construction Company Vs ACIT (ITAT Delhi) Regarding disallowance out of vehicle expenses of Rs.1,03,295/-, it is observed that the depreciation of Rs.49093/- is included in it. The depreciation is fixed expenditure in nature whether it is used exclusively for the business or partially for personal use. Thus, the element of some personal use has no role to play while granting depreciation on vehicle. Therefore, the assessee deserves deduction of depreciation of Rs. 49,093/- and rest of the addition deserves to be sustained for want of proper verification. FULL TEXT OF THE ITAT JUDGEMENT...