depreciation
This query is : Resolved
13 May 2009
With regard to new circular of CBDT regarding depreciation issued on 24/04/2009
Can any assessee claimed depn. on vehicle (car eg. honda city) purchased on 1/05/09.?????
can any one pleased help its urgent!!!
Does this means that we can't claim the depreciation on car????
Can any assessee claimed depn. on vehicle (car eg. honda city) purchased on 1/05/09.?????
can any one pleased help its urgent!!!
Does this means that we can't claim the depreciation on car????
14 May 2009
Please note that Notification only applies to Commercial Vehicles (CVs). The benefit of enhanced depreciation on CV's has been extended up to 30th September 2009. Now, commercial vehicles acquired on or after 1st January 2009 and put to use before the 1st October 2009 will be eligible for depreciation at the rate of 50 percent. Earlier, this benefit was available only for CV's acquired on or after 1st January 2009 and put to use before 1st April 2009.
14 May 2009
Important - Notification only applies to Commercial Vehicles.
14 May 2009
Does this means that we can't claim the depreciation on car????
16 May 2009
dude u can claim the dep
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
