Depreciation on Building

This query is : Resolved 

17 June 2009 a building in residential area used as office will qualify for dep. at What rate 5 or 10 percent.. Reply soon Thanks & Please Clarify

17 June 2009 5%

17 June 2009 will it not matter that it is used as a office


17 June 2009 10%.
Use is important, not the nomenclature in the land records.



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