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reva car depreciation

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(Querist)
16 July 2010 what is Renewable energy devices? Does'nt Reva Car come under this category and the depreciation @80%.

Please confirm
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
16 July 2010 No, Depreciation will be charged on Reva Car as norma car
As per income tax 15%
As per company act 25.89%

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