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Depreciation on leasehold improvement

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(Querist)
30 June 2016 How is a lease hold improvement depreciated as per the Income Tax Act on part of the lessee and also the rate of depreciation as per the Income Tax Act?
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Rupesh Jain

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Rupesh Jain (Expert)
30 June 2016 you have to bifrucate the improvement diff-2 head and then you can charge the Depreciation as per rate under income tax act

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