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income tax depreciation rate

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(Querist)
12 March 2009 will an assesse get depreciation claim on any second hand commercuial vehicle purchased by him. if then so what would be the rate applicable for the same
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
12 March 2009 the rate is 40% for second hand vehicle if it is purchase before 30th sep otherwise 20% dep is allowed to you

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