The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009 vide notification dated 21st April, 2009 issued by CBDT.

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..... The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009 vide notification dated 21st April, 2009 issued by CBDT.
News and Press Release
Dated:- 2 .....

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..... 4-4-2009

PRESS RELEASE The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009. Now, commercial vehicles acquired on or after 1st January 2009 a .....

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..... nd put to use before the 1st October 2009 will be eligible for depreciation at the rate of 50 percent. The Central Board of Direct Taxes have issued a notification vide S.O. 989(E) dated 21st April 20 .....

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..... 09 (Notification No.37/2009/F.No.142/01/2009-TPL) to this effect, substituting the words "1st day of April 2009" with the words "1st day of October 2009". Earlier, the benefit was made available for .....

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..... commercial vehicles acquired on or after 1st January 2009 and put to use before the 1st April 2009 vide a notification dated 19th January 2009. XXXX Rates of Depreciation (Annexure 1 to the Income T .....

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..... ax Rules, 1962)
News - Press release - PIB .....

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