Hi All,
Will the car depreciation for BSIV cars purchased from oct 19 to mar 20 be 30% flat or half of 30% as the asset used for less than 180 days?
Menu
Car depreciation purchased till march 2020
Replies (5)
It will be half of 30%
what is BSIV cars.
pls explain?
pls explain?
Depreciation as per Income tax will be 50% of the following....
| Motor cars, other than those used in a business of running them on hire, acquired or put to use on or after the 1st day of April, 1990 |
15% |
| Motor buses, motor lorries and motor taxis used in a business of running them on hire | 30% |
@ Pranav
The Bharat stage emission standards are standards instituted by the government to regulate output of air pollutants from motor vehicles.
Then Bharat Stage VI (or BS-VI) emission norm would come into force from April 1, 2020 across the country. ...
The BS IV norms have been enforced across the country since April 2017.
The Bharat stage emission standards are standards instituted by the government to regulate output of air pollutants from motor vehicles.
Then Bharat Stage VI (or BS-VI) emission norm would come into force from April 1, 2020 across the country. ...
The BS IV norms have been enforced across the country since April 2017.
Any one has a circular regarding the increase in the depreciation rate and the conditions, if any?
Recent Topic
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
- Shift of Place of Business from one state to anoth
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
Related Topics
CAclubindia
