Depreciation on 125cc two wheeler vehicle used for personal use.

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1 Points Joined August 2019

what is the depreciation percentage on two wheeler 125cc vehicle used for one year, up to 6000km. Which is used for personal use within India.

Replies (3)

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Personal use means...??

28026 Points Joined May 2017

You cannot charge depreciation. But assuming 15% to 20% tear . Do not go by other scheduled rates.

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Originally posted by : sabyasachi mukherjee
	You cannot charge depreciation. But assuming 15% to 20% tear . Do not go by other scheduled rates.

What is assuming...??

Is there any meaning that...??

Please clarify Sir...

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