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Depreciation Rate-Commercial vehicle

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(Querist)
26 February 2010 Can you please help me with the depreciation rates [for taxation purpose] for Commercial vehicles
Is there any difference in this rate for a corporate and an individual
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Manish Soni

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Manish Soni (Expert)
26 February 2010 its 15%,,,
there is no difference in corporate and individual,.,
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CA SIDHARTH HIRALAL PATNI

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CA SIDHARTH HIRALAL PATNI (Expert)
26 February 2010 on commercial vehicle the rate of depreciation is 50%.

for clarificaion u can read definition of commercial vehicle.
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Ritesh Shah

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Ritesh Shah (Querist)
26 February 2010 I think 50% accelerated depreciation was offered for a specific period. It is still applicable??

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