Depreciation rate
This query is : Resolved
Parminder Singh
(Querist)
17 January 2008
Please clear me what is the dep.rate for a car used for personal use as per income tax and companies act.
Thank you,
Parminder Singh
Thank you,
Parminder Singh
Parminder Singh
(Querist)
17 January 2008
urgent
Peter,A.Matthai
(Expert)
19 January 2008
sir,
depreciation is allowable only for assets used in business - it is not applicable to personal assets
depreciation is allowable only for assets used in business - it is not applicable to personal assets
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