House property
This query is : Resolved
venkata ramana
(Querist)
14 August 2014
I purchased building in 2003 value is Rs800000 I forgot to record in my books that time now I want to include which value I have to consider purchase value or after depreciated value.
Rupesh Jain
(Expert)
14 August 2014
it is use for residential or commercial purpose.
if you are using for commercial purpose then you have to take after depreciation.
and you are using for self residential purpose then no required to take In business.
if you are using for commercial purpose then you have to take after depreciation.
and you are using for self residential purpose then no required to take In business.
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