Sir,
I've purchased a pickup for my Dairy Farm. The Asset cost was Rs-674995. This is using only for the business purpose of our own. Please let me know the depreciation percentage applicable to this.
2 Replies
Kunal Mittal
(FINANCE OFFICER)
(580 Points)
Replied 25 September 2019
Depreciation is 15% on vehicles
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 25 September 2019
Rate of depreciation 15%
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