16 February 2010
Rates of dep on commercial vehicles Under Income Tax Act
Purchased and put use between
New Commercial Vehicle (01-01-2009 to 01-10-2009) - 50% New Commercial Vehicle (01-04-01 to 31-03-2002) - 50% Commercial Vehcile (01-04-99 to 31-03-2000) in replacement of condemned vehicle of over 15 years - 60% Commercial Vehcile (01-10-98 to 31-03-99) in replacement of condemned vehicle of over 15 years - 60% Commercial Vehicle (01-10-98 to 31-03-99) - 40%
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