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Higher depreciation rates of 30% and 45% on motor vehicles purchased from 23.08.2019 to 31.03.2020., Income Tax |
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Higher depreciation rates of 30% and 45% on motor vehicles purchased from 23.08.2019 to 31.03.2020. |
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Dear Experts, Warms Greetings, Higher depreciation rates of 30% (own Vehicles) and 45% (commercial Vehicles) on motor vehicles is purchased from 23.08.2019 to 31.03.2020. We have taken higher depreciation on assets for the financial year 2019-20, whether the same higher rate is applicable to next financial year 2020-21 too for the WDV of the same vehicles? Thanks & Regards: G VENUGOPAL Posts / Replies Showing Replies 0 to 0 of 0 Records No Post / Reply found for this query Old Query - New Comments are closed. |
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