Income-tax (Eleventh Amendment) Rules, 2009 - Amendment in New Appendix 1 - Enhanced Rate of Depreciation on New Commercial Vehicles is extended to vehicles acquired and put to use before 1-10-2009 - 37/2009 - Income Tax
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Enhanced rate of depreciation extended to new commercial vehicles acquired and put to use before 1 October 2009. The Income-tax (Eleventh Amendment) Rules, 2009 substitute the cut-off date in New Appendix 1-Part A (Tangible Assets), heading III (Machinery and Plant), sub-item (via) of item (3)-replacing 1st day of April, 2009 with 1st day of October, 2009, thereby extending the enhanced rate of depreciation to new commercial vehicles acquired and put to use before the substituted date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Enhanced rate of depreciation extended to new commercial vehicles acquired and put to use before 1 October 2009.
The Income-tax (Eleventh Amendment) Rules, 2009 substitute the cut-off date in New Appendix 1-Part A (Tangible Assets), heading III (Machinery and Plant), sub-item (via) of item (3)-replacing 1st day of April, 2009 with 1st day of October, 2009, thereby extending the enhanced rate of depreciation to new commercial vehicles acquired and put to use before the substituted date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.