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LTG or Normal income ?

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(Querist)
26 September 2016 A person owning his office and claiming depreciation@10% for many years. if he sells the office , how the profit is treated ? LTG ??
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ALKESH T MEHTA

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ALKESH T MEHTA (Expert)
27 September 2016 Profit be treated as LTG
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SANDEEP AGRAWAL

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SANDEEP AGRAWAL (Querist)
27 September 2016 I have doubts. Since depreciation is claimed how it will become a capital asset?




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