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Depreciation

This query is : Resolved 
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(Querist)
21 December 2011 Whether under block of assets concept in Income Tax , we can have two blocks for same kind of assets e.g. under 15% block whether we can have two motor cars. Whether we can define a block or whatever assets at one particular rate will form part of block @ that rate automatically.

Plz answer me soon
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
21 December 2011 Whatever assets at one particular rate will form part of block @ that rate automatically.
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