depreciation rate
BHANWAR LAL KHANDELWAL (PROPRIETOR) (43 Points)
20 July 2019
on rain water harvesting system
3 Replies
GROUP WORK
(5 Points)
Replied 20 July 2019
Dear Experts,
what is the rate of depreciation under income tax act for motor vehicles used in business for movement of goods.
Rajan Kumar
(18 Points)
Replied 21 July 2019
If you put to use motor vehicle more than 180 days to carry goods for business , you are eligible to claim 15% depreciation on that vehicle.
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