Easy Office
LCI Learning

Depreciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 October 2013 Can depreciation be availed on lease hold land as per income tax act and if allowed what will be depreciation rate?
Profile Image

Prashanth

Profile Image

Prashanth (Expert)
14 October 2013 Hi Akshay,

No,however you are eligible to benefit of debiting lease charges in the statement of P&L.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links