What is tax depreciation rate?

What is the rate of depreciation under Income tax act for Tempos and auto rikshas ?

  • Please furnish if there are any circular by the Government on this subject

  • Answer:

    Motor cars other than those used in a business of running them on hire 015% Motor buses/taxies/lorries used in a business of running them on hire 030% 30% if they are used as taxies/commercial

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