Depreciation on trucks by moving/packing company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2010
Friends,
A company is engaged in business of moving & packing of household goods. Can the company-assessee claim depreciation on trucks used for relocation @ 30%?
Answers are welcome.
A company is engaged in business of moving & packing of household goods. Can the company-assessee claim depreciation on trucks used for relocation @ 30%?
Answers are welcome.
04 September 2010
Motor buses, motor lorries and motor taxis used in a business of running them on hire only liable for 30% dep.
If u fall under this then claim it.
If u fall under this then claim it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- TDS Claim year
- TDS Challan Code
- Relief u/s Section 89
- Rent lease agreement
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- CCFS 2026 Schemed
- Entries in AIS regarding sale of units and shares
- Merchant Export Accounting
- Lease agreement and tax on sale
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
