Electrically operated vehicles including battery powered or fuel-cell powered vehicles = 40% Depreciation rate from AY 2018-19 onwards as per IT Act.
Can you please specify the act and the section under which electric vehicles can be depreciated at 40%
thanks
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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Shaswat initial support private limited
Ahmedabad
CS
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R P S K & Associates
Nashik
CA Inter
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CAclubindia
