Depreciation
This query is : Resolved
10 August 2011
IS DEPRECIATION IS REQUIRED TO CALCULATE ON OWNERSHIP FLAT AT THE SAME RATE AS BUILDING ( 5%) ?? HOW WILL BE THE TREATMENT OF DEPRECIATION ON GUEST HOUSE??
10 August 2011
as per my knowledge depreciation rate would be 10%
10 August 2011
for both ownership flat and guest house?
10 August 2011
DEPRECIATION RATE IS 5 % ON RESIDENTIAL BUILDINGS OTHER THAN HOTELS AND BOARDING HOUSE
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