Depreciation rate of truck


This query is : Resolved 

06 August 2014 What is the depreciation rate of truck as per companies act, 1956 ?

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


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