Rate of depreciation on car used in car rental business
This query is : Resolved
Querist : Anonymous
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
07 July 2015
The rate of depreciation is 30% on WDV basis.
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