depreciation on building ?
This query is : Resolved
18 June 2010
can i claim depreciation on residential building ?
18 June 2010
IF IT IS USED FOR BUSINESS YOU CAN
18 June 2010
Agreed. If building is used for business or profession purpose, you can claim depreciation on building.
18 June 2010
If u are using residential premises for Business or profession purposes, then u can claim depreciation. If you are using the residential purposes, then u can not claim depreciation.
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