https://www.taxtmi.com/notifications?id=14414 The Income-tax Rules, 1962 are amended to insert, in New Appendix 1 Part A (Tangible Assets) under III. Machinery and Plant item (3), a sub-item providing a specified rate of depreciation for a new commercial vehicle acquired between the first day of January and before the first day of April and put to use for business or profession before the first day of April; the amendment is made under the Income-tax Act and takes effect on the first day of April. en-us Mon, 19 Jan 2009 00:00:00 +0530 Thu, 26 Feb 2009 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14414 The Income-tax Rules, 1962 are amended to insert, in New Appendix 1 Part A (Tangible Assets) under III. Machinery and Plant item (3), a sub-item providing a specified rate of depreciation for a new commercial vehicle acquired between the first day of January and before the first day of April and put to use for business or profession before the first day of April; the amendment is made under the Income-tax Act and takes effect on the first day of April. Notifications Income Tax Mon, 19 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14414