Higher Depreciation on car
This query is : Resolved
27 July 2009
Can higher depreciation be claimed on Swift Dezire purchased after 1.1.2009 by a dealer in steel used for business purposes @ 50% as per new notification by CBDT does it comes under the definition of commercial vehicle
27 July 2009
if its purchase and put to use than yes u can claim 50% dep.
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