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depriciation

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16 March 2009 sir, what are the depriciation rates on buildings? what are the concessions available for rent out residential properties?
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
16 March 2009 rates are

5% on residential building

10% on buildings such as office,factory godowns which are not used for residential purpose.

100% (a) water supply project covered under section 80-IA
(b) temperory erections.

there is no concessions available for rent out residential properties.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
16 March 2009 Already answered.
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