Dear Sir / Madam
what is rate of depreciation (Assesse is in Restaurent and Not a Company)
1.Electrical equipment ( will 40% be allowed )
2.what rate for generator ( will it be 40%)
3.Motor Cycle used for delivery ( Is it commercial vehicle)
4 for Furniture for commerical use is dep allowed at a higher rate ?
5 for Kitchen equipment current rate is 15 is higher rate allowed
Thank you
Warm Regards
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Rate of Depreciation
Replies (3)
1.15%
2.15%
3.15%
7.10%
5.15%
Agreed with sir.
But for Commercial purpose will a higher rate be allowed on any of the above
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