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Rate of depreciation on car used in car rental business

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 July 2015 Pls let me know the percentage of depreciation on car used in car rental business ( proprieotory business)under income tax act
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CA. Sunil Gokhale

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CA. Sunil Gokhale (Expert)
07 July 2015 The rate of depreciation is 30% on WDV basis.

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