Easy Office
LCI Learning

Building constructed on lease hold land

This query is : Resolved 

03 March 2021 please quickly clarify for Building constructed on lease hold land whether depreciation can be claimed by lessee under income tax? and its accounting treatment?

03 March 2021 Yes, capitalise the building and claim depreciation.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries