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Dep on building used on 1.4.2010

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(Querist)
30 September 2010 if building is used on 1.4.2010
should we provide dep on building or not

same question for co act deprecaition also.
under co. act too, is dep provided on use basis?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
30 September 2010 IT - no dep can be charged

Co- If in WIP then also no depreciation can be charged

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