Rate of Depreciation on Two wheelers
This query is : Resolved
02 February 2009
I want to know what is the rate of depreciation on two wheelers used in the business.
Thanks
Thanks
02 February 2009
Suppose if entity is a company, rate is 25.89% ( on WDV basis) and 9.5% (on SLM basis). And as per the Income Tax Act, rate is 15%.
I hope your doubt is cleared by this info..
I hope your doubt is cleared by this info..
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