PGBP query
Mrudul Sankhesara (5 Points)
12 August 2019Mrudul Sankhesara (5 Points)
12 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174880 Points)
Replied 12 August 2019
It can be capitalized, but depreciation cannot be claimed u/h. IFHP.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174880 Points)
Replied 12 August 2019
But rental of shop is assessed in IFHP ..
Kapadia Pravin
(17259 Points)
Replied 12 August 2019
Kamal Verma
(Financial advisor)
(579 Points)
Replied 12 August 2019
Yes he can claim depreciation on cost of construction/renovation spent on shop.
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