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 depre .....

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..... ciation 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 - H .....

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..... igher depreciation rates of 30% and 45% on motor vehicles purchased from 23.08.2019 to 31.03.2020. - Query Started By: - gvenugopal g Dated:- 29-8-2021 Income Tax - Income Tax - Discussion Forum - K .....

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..... nowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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