Depreciation on goods transport truak
harshad fulsundar (33 Points)
24 July 2020
What is depreciation rate on goods transport truak for business purpose
1 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 24 July 2020
If acquired on or after the 23rd day of August, 2019 but before the 1st day of April, 2020 and is put to use before the 1st day of April, 2020 than rate of depreciation is 45% otherwise it's 30%
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