Depreciation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2013 Purchasing of Godown.

Whether Depreciation is allowable on Total Purchase Value??

or

on Only Building Value???

Vijay Thadani (Expert)
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14 September 2013 There is no depreciation rates for Land. So depreciation rates for building will only be applicable.

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