Depreciation on commercial vehicles

Hello all,

 

If a proprieter wants to purchase a Maruti omni for commercial purpose, may i know, what rate of depreciaition will be applicable to him?

Is the 50 % depreciaion rate announced in the last fiscal still ON?

Replies (2)

Find attach a useful Dep Chart...

i was informed that the 50% depreciaion scheme for commercial vehicles has been extended till september, hence i wanted to know the same. if you can please throw some light on the same..

 

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