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Depreciation

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09 June 2011 what will be the rate of dep. on lease hold land if the certain amount of rent is paid during the year and no cost is given.
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CA Sumat Singhal

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CA Sumat Singhal (Expert)
09 June 2011 In case of lease, lessor is entitled to depreciation.
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
09 June 2011 depreciation is not allowed on land in any case

CA MANOJ GUPTA
JODHPUR
09828510543
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