Claim of depreciation
This query is : Resolved
ashok bhurani
(Querist)
08 November 2014
Shop premises is used for the part of the year say up to January, 2014 and then the same is given on rent. The business is carried from other shop premises. In such situation how to claim depreciation on the first shop premises which is actually used for the purpose of business for 10 months of financial year 2013-14
Amol S Joglekar
(Expert)
08 November 2014
claim the depreciation for 10 months, what is the problem? The block of asset is not coming to an end merely by changing the use of premises.
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