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Depreciation allowance_Letout property

This query is : Resolved 

04 April 2024 Is depreciation allowed for Commercial property/ residential property purchased and let-out by professional firms or in individual name. what is the rate of depreciation allowed?

05 May 2024 Depreciation is allowed over assets under head PGBP. For rental income under head IFHP depreciation is not allowed.

08 September 2024 Good Luck.


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