Depreciation
This query is : Resolved
R.Chandran
(Querist)
29 March 2010
A Private Ltd. company have a guest house in company's name. That property is used as guest house for the visitors for the company. Is it eligible to claim depreciation. If it is possible please inform the percentage for that.
Rahul Gupta
(Expert)
29 March 2010
My opinion is that it is eligible for depreciation @ of 10%.
Experts views are solicited..
Experts views are solicited..
CMA Ramesh Krishnan
(Expert)
29 March 2010
Depreciation is eligible
CA Ravi Sisodia
(Expert)
29 March 2010
agreed...
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