26 March 2012
Hi guys.Could any1 help me with the right Business code to be filled in ITR in case of a person who owns four auto rickshaws and has rented them on hire to four different people and takes a fixed amount as rent every month with all repairs etc. on tenant's part.Also can he claim depreciation on these vehicles since he owns them and uses them for purpose of his business of renting them.kindly help as I require to file this return urgently.Thanks.
CAclubindia
