Motor cycle(hero honda) depreciation rate as per income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 September 2011
DEAR EXPERT
KINDLY PROVIDE ME THE RATE OF DEPRECIATION AS PER INCOME TAX ON HERO HONDA PURCHSE
KINDLY PROVIDE ME THE RATE OF DEPRECIATION AS PER INCOME TAX ON HERO HONDA PURCHSE
25 September 2011
Rate of Depreciation is 15% as per Income tax act.
25 September 2011
15% if use more than 180 days in a year.
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