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Depreciation Rate

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(Querist)
01 August 2008 What is the rate of Depreciation on Car used for business purpose? Also can we claim depreciation on vehicle purchased in 2006 Aug in current year on full cost which has not been claimed earlier?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
01 August 2008 15%. You can by filing revised return or make a request for rectification at the time of hearing.

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