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depreciation on building ?

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(Querist)
18 June 2010 can i claim depreciation on residential building ?
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hshivakumar

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hshivakumar (Expert)
18 June 2010 IF IT IS USED FOR BUSINESS YOU CAN
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Rahul Gupta

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Rahul Gupta (Expert)
18 June 2010 Agreed. If building is used for business or profession purpose, you can claim depreciation on building.
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ajay taneja

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ajay taneja (Expert)
18 June 2010 If u are using residential premises for Business or profession purposes, then u can claim depreciation. If you are using the residential purposes, then u can not claim depreciation.

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