A partnership firm ABC holding a property (land and building), is willing to give on lease to a company for a period of 1 year from 1st October.
1. Will the partnership firm ABC, be able to get depriciation on the leased out premises on its WDV value?
2.If No, At least 50 % depriciation is applicable to the partnership firm ABC, since it is leasing out from 1st Oct?
3. If yes, can it account for the entire depriciation %
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