Depriciation
This query is : Resolved
03 March 2012
DEar sir,
I bought new car in my company name than how much Depriciation rate on car
I bought new car in my company name than how much Depriciation rate on car
03 March 2012
15% on plant & machinery. car is inlcuded in P&M.
03 March 2012
IF I PURCHASE IN MARCH THAN HOW MUCH DEPRICIATION AS PER INCOME TAX & AS PER COMPANY ACT
03 March 2012
as per income tax 7.5% and as per co.act dep.provide for days use in a year as per applicable rate.
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