How to declare income of "hydra" vehicle?

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2012 Dear experts

A person having "Hydra" vehicle which is used in industrial manufacturing unit for lifting materials.

How to declare income of it? Does it will cover u/s 44AE?

Please advice....

26 March 2012 This has already been replied and it is not covered under heavy vehicles and commercial vehicles

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 March 2012 Thanks a lot Mr. Agarwal

Regards




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