Section 32
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2012
I have a building & furniture and given on rent to other company, can i claim depriciation on said fixed assets, such company cannot claim depriciation on it.
18 August 2012
The depreciation shall be allowed to the owner of the asset.
Accordingly, the person who is giving it on rent shall get benefit of depreciation
Accordingly, the person who is giving it on rent shall get benefit of depreciation
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