DEPRECIATION RATE
This query is : Resolved
17 August 2009
Please let me know the Rate of depreciation on Motor Cars purchased between January 09 to March 2009 by a manufacturing company used in the business and not for hiring purposes.
22 August 2009
Rate of Dep. is 15%. But as the usance period is less than 180 now rate of Dep. Will be half.
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