Easy Office
LCI Learning

Depreciation

This query is : Resolved 

01 September 2019 Dear Professional colleuge,

My one of the client vacated the factory building on 30/0/2018 and shift to the new building on 01/10/2018. Depreciation provided till last year is 10% on factory building. My question is that depreciation on old factory provided at full rate or half rate ?? It's vacated on 30/09/2018.

03 September 2019 full rate depreciation may be claimed for old premises provided it is owned by the assessee s on 31/03/2019



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query