Construction value and depreciation calim in i.t.act

sec 44ab audit file i.t. return assess new construction for commerical building  strated in f.y.20-21

1.Some construction expenses Rs:5 lacs payment through on cash mode paid (rs:10,000/- above limit per day)

2. Some construction expenses Rs:15 lacs payment through on bank mode paid.

Questions:

1.Assess construction expenses value in books rs:15 lacs or Rs:20 lacs show in books and balance sheet.

2.Construction expenses cash mode pay vaule depreciation claimed allowed in i.t.act.

Replies (1)
Only cash paid to single person per day 10000/- applicable, in case assessee has given payments to multiple person below 10000/- per day no issue would arise and construction expenses can be booked Rs. 20 lacs..and depreciation can be claimed on it

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