Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 September 2013
Purchasing of Godown.
Whether Depreciation is allowable on Total Purchase Value??
or
on Only Building Value???
Whether Depreciation is allowable on Total Purchase Value??
or
on Only Building Value???
14 September 2013
There is no depreciation rates for Land. So depreciation rates for building will only be applicable.
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