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Depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 May 2012 What is deprecation rate for electric bike
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
11 May 2012 as per income tax act: 15%
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 May 2012 sir its electronic so it will be in 60%
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
11 May 2012 There is no rate like 60% for a motorcycle. It doesn't matter if it runs using electricity. The rate is 15% only.
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