Depreciation rate as per income tax on ambulance

This query is : Resolved 

19 October 2014 Hello all,

Can anybody tell what is depreciation rate as per Income Tax on Ambulance for running them on hire?

30% or 15%

20 October 2014 30%.

Citation :- CIT V Jayachandran K.R, Dr.(1995) 212 ITR 637 (Ker).



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