Expense claimable in income tax

I want to know that suppose I own a normal e commerce business and now I'm constructing my home which I will use for office purposes, so, can I claim my construction expenses in income tax ?

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Quick Summary
This discussion explores whether construction expenses for a home intended for office use can be claimed against income tax. The advice given is that the proportional expense of the building used as an office will be capitalised on the balance sheet, with depreciation allowed as an expense. Direct construction costs like labour and materials for the office portion can be capitalised and depreciated.

The proportional expense of the building which will be used as the office will be capitalized in the books in balance sheet & depreciation expense will be allowed.

In case of any further queries, kindly mail me at casoravgupta @ gmail.com

Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)

Expense claimable in income tax.

Construction cost which I'm paying my labours and material costs etc.. Can I claim them as my business expense ?

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