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Depreciation on Vehicle (CAR)

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(Querist)
21 August 2010 Can anyone provide me the list of depreciation rate on Vehicle (CAR) as per companies act from the P.Y.04-05 to P.Y.06-07 ???????

plz rply its urgent............
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
21 August 2010 For companies Act - 25.89%

In income tax

From assessment year 2006-07 onwards - 15%

for assessment years 2003-04 to 2005-06 - 20%
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
21 August 2010 Companies Act : 25.89 % for all three years

Income Tax :
PY - 2004-05 = 20 %
PY - 2005-06 / 2006-07 = 15%
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