Clarification on case law

work is worship (Service) (2728 Points)

08 May 2012  

HI All

I have not understood the below case law,

CIT Vs Yamaha Motor India

"(Would the phrase " used for purpose of business" in respect of discarded machine include use of such assiet in the earlier year for claim of depreciation).

 

kindly explain with example.

Thanks in advance