Depreciation rate on car for A.y 21-22

depreciation on car for f.y 20-21
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Quick Summary
This discussion clarifies the depreciation rate applicable to cars for the financial year 21-22. It confirms that the depreciation rate is 15%, consistent with the rate applied to plant and machinery for the previous financial year 20-21.

Dep rate is 15%
15% Depreciation
15 plant and machinery

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