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Sec-32 depreciation on building

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(Querist)
27 June 2016 sir, if building value-25lakhs
land value -45lakhs
total -70lakhs then what amount eligible for depreciation on building@5% ?
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 June 2016 25 lakh is subject to depreciation.

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