depreciation rate

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Querist : Anonymous

Querist : Anonymous (Querist)

30 June 2011 16 ton truck running for transportation and goods carrier,
whether depreciation rate is applicable 30% ?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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01 July 2011 Depreciation Rates in the case of truck, which is acquired and running on hire between -
*01.10.98 to 31.3.99 40%
*01.10.98 to 31.3.2000
(Under replacement scheme of old vehicle 60%
*
01.04.2001 to 31.3.2002 50%
01.1.2009 to 31.3.2009 50%

Except the above 30%

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