Depreciation rate on tractor and tiller

Rates under the IT Act:
• Tractors and tillers used in business (loading or transporting sand and bricks) are motor vehicles or plant and machinery. General rate: 15% WDV.
• If used in a business of running them on hire (e.g. you hire them out to others for transport), motor lorries and vehicles used in a business of running them on hire get 30% (Appendix I, Part A, III(2)(ii)).
• Half rate if used for less than 180 days in the year of purchase.
• Under 44AE (goods carriages), depreciation is deemed allowed. If you're under 44AE for tractor-trolleys used as goods carriages, no separate depreciation is claimed.