21 October 2017
Assesse used commercial property for his own business purpose and charges depreciation on it as per section 32. Suppose that assesse has used the property for the part of the year and thereafter let out for rent. Will depreciation be allowed in such case for the part of the year for which assesse used the property for his own business?
22 October 2017
Thanks Rashmi But in today's age all use tax softwares but no software provides the facility of calculating depreciation for part of the year. Can you help in that
CAclubindia
