Depreciation rate on hotel building as per companies act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2010
Dear Sir,
i just want to know the depreciation rate as per companies act on hotel building, whether it comes under factory building or other than factory building.
thanks & regards
Chander
i just want to know the depreciation rate as per companies act on hotel building, whether it comes under factory building or other than factory building.
thanks & regards
Chander
06 August 2010
Hotel Buildings can not be treated as Factory Buildings, so the rate applicable to Other Buildings should be applied.
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