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Depreciation allowance in the case of "Motor Vans"-Rate of depreciation-Clarification regarding

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...."-Rate of depreciation-Clarification regarding Circular No. 315 Dated 24/9/1981 To All Commissioners of Income-tax. Sir, Subject: Depreciation allowance in the case of "Motor Vans"-Rate of depr....

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....llowed at the rate applicable to "Motor Lorries" and "Motor Buses" which is 30 per cent. as per item No. IIID(9) of Appendix I to the Income-tax Rules, 1962. 3. These instructions may please be broug....

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