TMI BlogThe benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009 vide notification dated 21st April, 2009 issued by CBDT.X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. X X X X Extracts X X X X X X X X Extracts X X X X ..... 4-4-2009 X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax Rules, 1962) X X X X Extracts X X X X X X X X Extracts X X X X
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