Higher depreciation rates of 30% and 45% on motor vehicles purchased from 23.08.2019 to 31.03.2020. https://www.taxtmi.com/forum/issue?id=117458 Higher depreciation rates of 30% (own motor vehicles) and 45% (commercial motor vehicles) applied to vehicles purchased between 23.08.2019 and 31.03.2020. The taxpayer claimed these enhanced rates in the financial year 2019-20 and asks whether the same enhanced rates apply to the written down value of those vehicles in the subsequent financial year. en-us Sun, 29 Aug 2021 14:42:17 +0530 Thu, 23 Jan 2025 15:54:28 +0530 TaxTMI RSS Generator Higher depreciation rates of 30% and 45% on motor vehicles purchased from 23.08.2019 to 31.03.2020. https://www.taxtmi.com/forum/issue?id=117458 Higher depreciation rates of 30% (own motor vehicles) and 45% (commercial motor vehicles) applied to vehicles purchased between 23.08.2019 and 31.03.2020. The taxpayer claimed these enhanced rates in the financial year 2019-20 and asks whether the same enhanced rates apply to the written down value of those vehicles in the subsequent financial year. Discussion-Forum Income Tax Sun, 29 Aug 2021 14:42:17 +0530 https://www.taxtmi.com/forum/issue?id=117458