Depreciation allowance_Letout property
This query is : Resolved
Quick Summary
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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