Is claiming depriciation at the option of assessee?
if a company doesn't claim depriciation than can they avail benefit of indexation on sale of office premises??
thanx
Regards.
1 Replies
CA. Kunal Lakhotia
(ACA)
(1006 Points)
Replied 18 September 2013
No claiming depreciation is not at the option of the assessee..it is mandatory as per Explanation 5 to section 32 of the Act
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