The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009 vide notification dated 21st April, 2009 issued by CBDT.

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....he benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009 vide notification dated 21st April, 2009 issued by CBDT. <br>News and Press Release<br>Dated:- 24....

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....-4-2009<br><BR>PRESS RELEASE The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009. Now, commercial vehicles acquired on or after 1st January 2009 an....

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....d put to use before the 1st October 2009 will be eligible for depreciation at the rate of 50 percent. The Central Board of Direct Taxes have issued a notification vide S.O. 989(E) dated 21st April 200....

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....9 (Notification No.37/2009/F.No.142/01/2009-TPL) to this effect, substituting the words "1st day of April 2009" with the words "1st day of October 2009". Earlier, the benefit was made available for c....

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....ommercial vehicles acquired on or after 1st January 2009 and put to use before the 1st April 2009 vide a notification dated 19th January 2009. XXXX Rates of Depreciation (Annexure 1 to the Income Ta....

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....x Rules, 1962)<BR> News - Press release - PIB....