Deperciation


This query is : Resolved 

17 November 2013 my frd have commercial property (industrial gala) this property they give on rent. They have prop. in manufacturing business. so that deperciation can be claim or not U/S 32 for that commercial property @ 10%

17 November 2013 sorry, dont understand your question.
Whether the property is given on rent or it is used in manufacturing business?

17 November 2013 the owner of the property shall claim depreciation. the rental income shall be included in business receipts.

17 November 2013 I agree with Mr. Nikhil kaushik.


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





Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
ARTICLESHIP 10 August 2026
Article Assistant

Suraj Garg and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 08 August 2026
Article Assistant

Sanath Sheshagiri & Co.

Bengaluru

CA Inter

View Details
Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details