A Doctor maintained a private hospital own construction commercial building
ground floor used for hospital
first floor used for hospital
second floor used for residential purpose
question:
assessess depreciation claim on Total construction value or commercial used only.
The doctor can only claim depreciation on the portion of the property that is used for commercial purposes, i.e., the ground floor and the first floor used for the hospital. The second floor, which is used for residential purposes, cannot be claimed as a depreciable asset since it is not used for commercial purposes.
CAclubindia
