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

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1 Points Posted on 05 September 2023
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.
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On 05 September 2023 at 15:41 Report
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"Do the Right Thing...!!!"
128147 Points Posted on 05 September 2023
Personal use means...??
463 Reply
On 05 September 2023 at 16:36
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Profession Business
28196 Points Posted on 06 September 2023
You cannot charge depreciation. But assuming 15% to 20% tear . Do not go by other scheduled rates.
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On 06 September 2023 at 15:46
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"Do the Right Thing...!!!"
128147 Points Posted on 06 September 2023
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...

463 Reply
On 06 September 2023 at 15:57


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