Is Depreciation allowed when vehicle is not registered in the name of leasing company?

Let’s us consider first question related to right to claim depreciation in case of lease of motor vehicles. You know that as per Motor Vehicle Act, 1988 the registration of leased motor vehicle should be in the name of lessee and not the lessor.

source https://www.caclubindia.com/articles/is-depreciation-allowed-when-vehicle-is-not-registered-in-name-of-leasing-company-45959.asp