Depriciation

This query is : Resolved 

03 March 2012 DEar sir,

I bought new car in my company name than how much Depriciation rate on car

03 March 2012 15% on plant & machinery. car is inlcuded in P&M.

03 March 2012 IF I PURCHASE IN MARCH THAN HOW MUCH DEPRICIATION AS PER INCOME TAX & AS PER COMPANY ACT


03 March 2012 as per income tax 7.5% and as per co.act dep.provide for days use in a year as per applicable rate.



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