Depriciation
This query is : Resolved
Ramji Kumar Dubey
(Querist)
18 June 2014
please suggest me whether a residential building owned by the proprietor are eligible for depriciation which was used fully for his residential purpose?
Deepti Asawa
(Expert)
18 June 2014
No, Proprietor cannot be claim depreciation on his residential building.
Message likes :
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Rupesh Jain
(Expert)
19 June 2014
NO residential property not eligible for depreciation for prop.
if he use for his business or use for his worker then he can claim the depreciation.
if he use for his business or use for his worker then he can claim the depreciation.
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