Depriciation

This query is : Resolved

Ramji Kumar Dubey (Querist)
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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

Deepti Asawa (Expert)
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18 June 2014 No, Proprietor cannot be claim depreciation on his residential building.

Message likes : 1 times

Rupesh Jain

Rupesh Jain (Expert)
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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.

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