DEP ON CAR FY 2020-2021

This query is : Resolved 

15 January 2022 DEPRICIATION ON MOTOR VEHICLE PURCHASED AFTER 23.08.2019 WAS 30% IN THE P/Y 2019-2020. NOW THE RATE WILL BE 15% FOR FY 2020-2021 OR THE SAME OLD RATE OF 30% BE TAKEN.
SECONDLY IF RATE IS 15% WHETHER THE BLOCK 30% BE WRITEN OFF AND TFD. TO BLOCK 15%.

PL GUIDE

15 January 2022 For 2020-21 15% rate has to be adopted.
Transfer 30% block to 15%.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details