The Central Board of Direct Taxes ( CBDT ) has notified new depreciation rates of 30% and 45 on vehicles purchased between 23.08.2019 to 31.03.2020. The rates of 15% is applicable on Motor cars, other than those used in a business of running them on hire, acquired or put to use on or after the […]
The post Govt. notifies new Depreciation Rates of 30% & 45% on vehicles purchased between 23-08-2019 to 31-03-2020 [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.
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