Dep
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 September 2012
we are cash purchase a car Rs. 800000/- 16-04-2011
deprecation ?
deprecation ?
09 September 2012
Dep can be claimed at the rate of 15%p.a. on wdv method. But if the car is used for running on rent or for leasing out then a dep @ 30%p.a. is permisable.
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