Higher depreciation rates of 30% and 45% on motor vehicles purchased from 23.08.2019 to 31.03.2020.

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..... Higher depreciation rates of 30% and 45% on motor vehicles purchased from 23.08.2019 to 31.03.2020.
Query (Issue) Started By: - gvenugopal g Dated:- 29-8-2021 Income Tax
Income Tax
Dear Expe .....

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..... rts, 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 o .....

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..... n 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
Discussion F .....

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..... orum - Knowledge Sharing .....

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