Capital asset brought in by partner
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 March 2013
Can partner bring in building alone not the land as his capital ?
Can firm claim depreciation on same ?
Can firm claim depreciation on same ?
22 May 2013
Yes he can bring but the building should be transferred in the name of the Firm to claim depreciation
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