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EASYOFFICE

Depreciation on commercial vehicle

This query is : Resolved 

23 August 2012 Commercial Vehicle put to use between 1.1.09 and 31.03.09 gets 50% depreciation.

But will that be continued in the coming subsequent years or will it be only for P.Y.2008-09?

23 August 2012 Commercial Vehicle - Year 2008-09 - 12.5%
Year 2009-10 Onward - 25% Will Continue as WDV Basis in IT Act as Per Sec 32.



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