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Depreciation

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18 April 2016 What is depreciation rate for Car(asset of firm) used in My Floor mill ? As my accountant depreciated it @12%. But I think it's 15% according to income tax provisions and laws.
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
18 April 2016 You are correct , its 15%.

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