Depreciation rate of truck
This query is : Resolved
CA Khyati Pithadia
(Querist)
06 August 2014
What is the depreciation rate of truck as per companies act, 1956 ?
Truck covered under which category ?
Thanks in advance.
Truck covered under which category ?
Thanks in advance.
07 August 2014
Motor buses and motor lorries other than used in a business of running them on hire
W.D.V. 30%, SLM 11.31%.
For Complete depreciation chart under Companies Act 1956 see below link--
https://caclubindia.s3.amazonaws.com/cdn/files0512/831581_51068_depreciation.pdf
W.D.V. 30%, SLM 11.31%.
For Complete depreciation chart under Companies Act 1956 see below link--
https://caclubindia.s3.amazonaws.com/cdn/files0512/831581_51068_depreciation.pdf
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