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