Depreciation - vehicles used in the business of transportation ...
Depreciation Rate for Waste Transport Vehicles Set at 30% Due to Commercial Use for Goods Transport.
September 16, 2015
Case Laws Income Tax AT
Depreciation - vehicles used in the business of transportation of municipal solid waste - @ 30% OR @15% - There is a commercial exploitation of the vehicles for transporting the goods on hire. Therefore, the assessee is entitled for higher rate of depreciation - AT
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