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Land

This query is : Resolved 
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(Querist)
05 April 2013 Can a person claim depreciation on land on lease without transferring ownership???if yes how??otherwise what is the other way out??please suggest??huge confusion
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
26 July 2013 Land is not a depreciable asset under any type of ownership

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