Depreciation on motor vehicle(bike)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 November 2012
My client has purchased from showroom(new bike) on 12-6-2011,What will be the rate of depreciation.Should it be 15% as usual or 50% applicable to new car(four wheeler).
10 November 2012
On motor bike Rate of Depreciation is 15%.
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