purchase commercial property in fin year 21-22
but at this time property under construction...
can we charge depreciation in this year 2022-2023
if yes den what rate of depreciation
advance thanks all professionals
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Purchase commercial shop
Replies (7)
Quick Summary
How can you charge depreciation when you have not received its possession?
After possession can we claim
For what purpose the property is used?
Shop commercial shop
Whether the commercial shop is used by the owner for any business purpose or rented out?
Business main business
If it's used for business purpose, then depreciation can be claimed.
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