WHETHER DEPRECIATION IS ALLOWED ON GUEST HOUSE BUILDING ?????
REGARDS,
ASHUTOSH MISHRA
2 Replies
kunalpatadia
(As an apprentice in a firm)
(21 Points)
Replied 26 August 2014
depreciation is allowed also on guest housing property...
Praveen Kumar Agarwal
(Accountant)
(180 Points)
Replied 26 August 2014
yes depreciation will be allowed @ 5%
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