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.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160886 Points)
Replied 09 May 2019
10%, subject to conditions laid as per sec. 32 of IT act.
anji
(ACCOUNTANT)
(142 Points)
Replied 09 May 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160886 Points)
Replied 09 May 2019
It is as per building rate ... i.e. 10% for non residential usage.
CAclubindia
