Depreciation on trucks
This query is : Resolved
Parth Vakil
(Querist)
14 March 2012
A company is a GTA and runs the trucks on contract basis. I want to know at what rate will be depreciated?
they provide dep. on SLM basis.
Thanking you in advance.
they provide dep. on SLM basis.
Thanking you in advance.
14 March 2012
40% of opening Book value.
Parth Vakil
(Querist)
14 March 2012
Motor buses & motor lorries other than those used in a business of running
them on hire (NESD)or
Motor buses, motor lorries & motor taxies used in a business of running them on
hire (NESD)
it will fall under which category??
Please clarify the difference between both of them...
them on hire (NESD)or
Motor buses, motor lorries & motor taxies used in a business of running them on
hire (NESD)
it will fall under which category??
Please clarify the difference between both of them...
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