Income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 November 2013
Dear sir,
If company has constructed own godown on his Director's land, can company claimed depreciation on godown as per income tax Act?,kindly reply me
Thanks
Vinod
If company has constructed own godown on his Director's land, can company claimed depreciation on godown as per income tax Act?,kindly reply me
Thanks
Vinod
15 November 2013
yes. depreciation shall be available.
15 November 2013
If the land uses for the business purpose then yes depreciation can be claimed...
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