As per companies act, depreciation on buses used in the business of tours & travels is 25.89 % or 40% Further if the vehicle is a car and not a bus, will your answer change ?
Menu
dep.
Replies (1)
Motor Buses, Motor Lorries and Motor Taxis used in a business of running them on hire.
|
Single Shift |
W.D.V. |
S.L.M |
|
Rate of Dep. (%) |
40.00 |
16.21 |
Recent Topics :
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
Related Topics :
CAclubindia
