banner_ad

depreciation rate

359 views 3 replies
User Avatar

PROPRIETOR
43 Points Posted on 20 July 2019
on rain water harvesting system
Reply Share Follow
On 20 July 2019 at 19:00 Report
Replies (3)
User Avatar

5 Points Posted on 20 July 2019

Dear Experts,

what is the rate of depreciation under income tax act for motor vehicles used in business for movement of goods.

Reply
On 20 July 2019 at 19:12
User Avatar

83 Points Posted on 20 July 2019
for motor vehicle , 30%
Reply
On 20 July 2019 at 19:31
User Avatar

18 Points Posted on 21 July 2019
If you put to use motor vehicle more than 180 days to carry goods for business , you are eligible to claim 15% depreciation on that vehicle.
Reply
On 21 July 2019 at 08:25


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details