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Tax Rate for Used Cars

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(Querist)
22 February 2011 Kindly inform on the tax rate of used car in delhi noida and haryana

Thanking you in anticipation
Regards
Pradeep
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prasad

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prasad (Expert)
24 February 2011 the query is very vague.
Whether u require rate of depreciation?
or the he is in need of rate of Income Tax.
the rate of Depreciation will be 15% p.a.

And the rate of income tax depends on the status of the assessee. If Individual or HUF it again depends on the slab rates and other assessees the rate of tax will be 30% + EC
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
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