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Motor car depreciation


bsai partish   09 August 2020

bsai partish

 4 likes  107 points

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if a motor car is given out for repair for three months in a year then depreciation is charged for 9 months or 3 months.

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Sagar Patel (Tax and Business Consultant)     09 August 2020

Sagar Patel
Tax and Business Consultant 
 836 likes  9114 points

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Depreciation on car required to be charged for full year....it's not on basis of how much you used in a year.

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Asha Kanta Sharma (Manager - Finance & Accounts)     10 August 2020

Asha Kanta Sharma
Manager - Finance & Accounts 
 146 likes  6435 points

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Yes depreciation can be claimed for the full year.


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