As per companies act, depreciation on buses used in the business of tours & travels is 25.89 % or 40% Further if the vehicle is a car and not a bus, will your answer change ?
SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
18 April 2010As per companies act, depreciation on buses used in the business of tours & travels is 25.89 % or 40% Further if the vehicle is a car and not a bus, will your answer change ?
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India