Depreciation on Building Work in Progress

This query is : Resolved 

25 April 2008 We have a office building which is newly built, But its not fully completed.We have occupied the building in some floors but other floors works still in progress . Can any body suggest whether we can charge depreciation on the Work in progress cost or not?

26 April 2008 depreciation will be charged on completed part only.

27 April 2008 Now place under capital-work-in -progress.After completion place under '' BUILDINGS ''and depreciation can be charged


25 August 2008 Mr. SAM Koshy is right



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