dear sir
school building compound wall rate of depreciation as per income tax act
10%, subject to conditions laid as per sec. 32 of IT act.
4 Replies
anji
(ACCOUNTANT)
(142 Points)
Replied 09 May 2019
compound wall deprecitation as per income tax act
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178210 Points)
Replied 09 May 2019
It is as per building rate ... i.e. 10% for non residential usage.
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