Motor cars, other than those used in the business of running them on hire, will be entitled to a higher rate of depreciation of 30% on w.d.v, if they are acquired and put to use during the period from :
A. 23.8.2019- 31.3.2020
B. 23.8.2019- 31.3.2021
C. 25.7.2019-31.3.2020
D. 25.7.2019-31.3.2021
Answer:A
Motor cars, other than those used in the business of running them on hire, will be entitled to a higher rate of depreciation of 30% on w.d.v, if they are acquired and put to use during the period from :
A. 23.8.2019- 31.3.2020 B. 23.8.2019- 31.3.2021 C. 25.7.2019-31.3.2020 D. 25.7.2019-31.3.2021