for example.... I took a building for 6
years on lease basis....
can I claim depreciation...under income tax act...
not having legal ownership of building , intangible rights are amortized , not depreciated .
Jeevan Vivekji (212 Points)
07 January 2019
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 07 January 2019
not having legal ownership of building , intangible rights are amortized , not depreciated .
RAJA P M
("Do the Right Thing...!!!")
(127334 Points)
Replied 07 January 2019
Mohan Panwar
(52 Points)
Replied 07 January 2019
CAclubindia
