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%.
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