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Home Tag Archives: depreciation

Tag Archives: depreciation

Depreciation on Capital expenditure on building not owned by assessee/ Concept of deemed building-Expl.1 to Section 32

By EKANT JAIN
February 14, 2017
in :  Income Tax, PGBP
0
309

Depreciation on Capital expenditure on building not owned by assessee/ Concept of deemed building-Expl.1 to Section 32 Where the business or profession of the assessee is carried on in a building not owned by him but in respect of which the assessee holds a lease or other right of occupancy and any capital expenditure is incurred by the assessee for …

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