depriciation
This query is : Resolved
16 March 2009
sir, what are the depriciation rates on buildings? what are the concessions available for rent out residential properties?
16 March 2009
rates are
5% on residential building
10% on buildings such as office,factory godowns which are not used for residential purpose.
100% (a) water supply project covered under section 80-IA
(b) temperory erections.
there is no concessions available for rent out residential properties.
5% on residential building
10% on buildings such as office,factory godowns which are not used for residential purpose.
100% (a) water supply project covered under section 80-IA
(b) temperory erections.
there is no concessions available for rent out residential properties.
16 March 2009
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