depreciation
This query is : Resolved
ajai kushwaha
(Querist)
16 February 2010
rate of dep. on commerical vehicles for f.y-08-09
CA Chitresh Gupta
(Expert)
16 February 2010
Rates of dep on commercial vehicles Under Income Tax Act
Purchased and put use between
New Commercial Vehicle (01-01-2009 to 01-10-2009) - 50%
New Commercial Vehicle (01-04-01 to 31-03-2002) - 50%
Commercial Vehcile (01-04-99 to 31-03-2000) in replacement of condemned vehicle of over 15 years - 60%
Commercial Vehcile (01-10-98 to 31-03-99) in replacement of condemned vehicle of over 15 years - 60%
Commercial Vehicle (01-10-98 to 31-03-99) - 40%
Regards
Purchased and put use between
New Commercial Vehicle (01-01-2009 to 01-10-2009) - 50%
New Commercial Vehicle (01-04-01 to 31-03-2002) - 50%
Commercial Vehcile (01-04-99 to 31-03-2000) in replacement of condemned vehicle of over 15 years - 60%
Commercial Vehcile (01-10-98 to 31-03-99) in replacement of condemned vehicle of over 15 years - 60%
Commercial Vehicle (01-10-98 to 31-03-99) - 40%
Regards
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