Menu
Rate of depreciation on truck
please confirm what is the rate of depreciation on personal car and on commercial truck used in business
Replies (2)
Quick Summary
Personal Car @ 15%
Commercial Truck @ 45% for the person who is engaged in the business of hiring truck for the Transportation of Goods for other person truck truck used for business purpose rate will be 15%
Commercial Truck @ 45% for the person who is engaged in the business of hiring truck for the Transportation of Goods for other person truck truck used for business purpose rate will be 15%
15% depreciation
Recent Topics :
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
Related Topics :
CAclubindia
