Leasehold Improvements

Others 5718 views 2 replies

 What should be the rate of Depreciation for the Leasehold Improvemets under Income Tax Act and in which block of assets it should be classify.

Thanx in Advance

Replies (2)

According to

1). Companies Act - 18.10%

2). Income tax Act - 100%

What are the current rate for Leasehold Improvement as per companies act as well as as per Income Tax.?


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