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Wheather flat is eligible for depreciation ?

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(Querist)
17 September 2011 wheather a flat is eligible for depreciation if it is used by the assessee
for business purpose ?

What would be tax impact if flat is partly used for business purpose and partly used for residential purpose ?
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CS Bijoy

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CS Bijoy (Expert)
21 September 2011 Yes if used for business purpose than depreciation can be claimed and in the 2nd case only portion can be taken.
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abhishek

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abhishek (Querist)
22 September 2011 thank you very much sir.
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