Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2012
What is deprecation rate for electric bike
11 May 2012
as per income tax act: 15%
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2012
sir its electronic so it will be in 60%
11 May 2012
There is no rate like 60% for a motorcycle. It doesn't matter if it runs using electricity. The rate is 15% only.
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