Tag Archives: Notification No. 69 /2019

New Income Tax Depreciation Rates for Motor Vehicles : CBDT Notification No 69 /2019

By | September 22, 2019

New Income Tax Depreciation Rates for Motor Vehicles The Central Board of Direct Taxes (CBDT) has notified new depreciation rate of 30% on motor cars (other than those used in a business of running them on hire) & 45% on Motor buses, motor lorries and motor taxis used in a business of running them on… Read More »