Benefit of indexation
This query is : Resolved
17 February 2021
Is benefit of indexation available on sale of office(commercial property). What if depreciation has been provided on office building?
18 February 2021
Indexation benefit not available for depreciated assets.
18 February 2021
So what to do? whether to provide depreciation or not to provide depreciation to have benefit of indexation?
18 February 2021
Depreciation has to be provided for commercial office property.
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19 February 2021
Thanks a lot for guidance.
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