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Depreciation on house and building

This query is : Resolved 

24 October 2017 Hi,

Q. 1 what is main between difference in house and building.



Q2. we depreciation on building 10% and house 0% .why?, i request to all of you, please support me in it.

Your's best regards,

Mohd Nasruddin

24 October 2017 Building which is ment for Production of goods or services Depreciation can be deducted. Which may be residential or industrial.

House is considered narrow concept to building, it is more of personal nature question of Depreciation set off not arise


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