Depreciation on vehicles used for business

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 May 2013 Want to Know the Rate of Depreciation on Vehicles which are used for personnel use and Business use under Companies Act and Income Tax Act

Sanket

Sanket (Expert)
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31 May 2013 As per Companies act : 9.50 %
As per Income tax Act : 10%

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Depreciation on vehicles used for business

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