Depreciation

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SUBHASH JAIN (Querist)
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08 December 2011 DEAR ALL ,

CAN WE CLAIM DEPRECIATION ON THE HOUSE PROPERTY , THAT IS ON RENT.

CMA. CS. Sanjay Gupta (Expert)
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08 December 2011 If a house property is given on Rent you can either claim depreciation or deduction u/s 24(a) and not both.

SUBHASH JAIN (Querist)
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08 December 2011 SIR ,
PLEASE TELL ME IF MY PROPERTY IS VACANT FOR THE ENTIRE PERIOD OF THE YEAR , IN THAT CASE CAN I CLAIM DEPRECIATION FOR THAT

Ankur (Expert)
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08 December 2011 ////////////////////////

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