Delhi HC: Girl Being Friendly on Valentine’s Day Does Not Justify Forced Sexual Activity under POCSO  ||  Delhi HC: Street Vendors Must Maintain Cleanliness and Not Encroach on Public Spaces  ||  Delhi HC: Victim’s Negligence Cannot Bar Compensation in Railway Accident Cases  ||  Jharkhand HC: Pre-1947 Transfers Exempt from Section 46; 45-Year Delay Blocks Restoration  ||  Delhi HC: Mediation Settlement Does Not Remove Criminal Liability But Can be Considered For Bail  ||  Delhi High Court: Newslaundry Acted Maliciously and Showed Intolerance Toward TV Today  ||  SC: New Tree Growth on Land Approved For Development Does Not Qualify it as 'Deemed Forest'  ||  SC: Confiscation Proceedings Can Continue Against Wife of Deceased Public Servant with Illicit Asset  ||  Supreme Court: Strict Procedure Must be Followed under UP Gangsters Act Due to Serious Consequences  ||  Supreme Court: HCs Can Go Beyond FIR to Quash Frivolous or Vexatious Criminal Cases    

CBDT Notifies New Depreciation Rates on Vehicles Purchased Between 23.08. 2019 to 31.03.2020 - (24 Sep 2019)

DIRECT TAXATION

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 rate of 30% applicable on motor cars other than those used in a business of running them on hire & 45% on vehicles used in a business of running them.

Tags : CENTRAL BOARD OF DIRECT TAXES   CBDT   NEW DEPRECIATION RATES  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved