Depreciation under it act on fixed asset sold

Abhinav Aggarwal (STUDENT/ARTICLE ASSISTANT)   (359 Points)

05 August 2013  

My client is a Pvt. Ltd. company. It holds one office, which he gave on rent & income under house property is coming. During the year the rented property become vacant for rest of the year. My query is whether he is eligible for depreciation in the year or not. If yes how we calculate the depreciation amount.

 

 

Thanks in advance