DEPRECIATION ON CAPITAL ASSET BY TENANT

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12 Points Joined December 2018
A tenant has done a capital expenditure on a rented asset ( eg. Building ).

Under which head the deduction for depreciation on capital asset be taken by tenant.
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On 13 May 2019 at 21:27 Report
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
A tenant has done a capital expenditure on a rented asset ( eg. Building )

- Can you explain the expense...?! What are the expenses...?!
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On 13 May 2019 at 22:04
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Chartered Accountant
86505 Points Joined April 2011
If the expenses are in the nature of repair and maintenance then same is allowed it no depreciation will be allowed if it is capitalized...
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On 13 May 2019 at 22:41
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes... I agreed to Rashmi Gandhi...




Hi Rashmi Gandhi...
After a long time I'm seen You here...✋
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On 13 May 2019 at 22:57
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Chartered Accountant
86505 Points Joined April 2011
Yes busy somewhere else, so get a very less time for all this.
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On 14 May 2019 at 22:56


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