if I purchase car in November 2019 can I claim depreciation @ 30% on the said car ??
is it necessary that car should be BS4 NORMS
Menu
Depreciation on Cars
Replies (2)
As per IT car depreciation rate @ 15%.
&
I don't think any provisions refer BS4 vehicle for depreciation purpose.
&
I don't think any provisions refer BS4 vehicle for depreciation purpose.
Car vehicle international norms do not impact on rate of depreciation.
Depreciation is @ 15%.
For this FY 2019-2020 Depreciation will be half of 15%
Depreciation is @ 15%.
For this FY 2019-2020 Depreciation will be half of 15%
Recent Threads
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
Related Threads
CAclubindia
