Renting a building, org. made it for workable use like POP, fall ceiling, paint, cabin, furniture, cable installation, tiles fitting etc.
what would be the cap. exp. and revenue?
is there any case law regarding this.
please explain in detail.
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Depreciation on construction in rented property
Replies (2)
you are required to capitalise all renovation expenses
Depreciation @ 10% charged on all renovation expenses
Depreciation @ 10% charged on all renovation expenses
good clarification and information
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