TMI BlogDepreciationX X X X Extracts X X X X X X X X Extracts X X X X ..... when one purchase flat in Mumbai or in Gujarat , developer enters into two agreements, one for sale of undivided cost of land and other for construction etc but the effect is acquisition of flat by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... acquiring shares in cooperative society as land is never conveyed in name of any member but only to cooperative society and so when a corporate claim depreciation on this purchase , they are entitled ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for deprecation on both the values namely purchase of undivided portion of land and construction cost of flat. can one give any case law on this legal point - Depreciation - Query Started By: - jan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... akiraman iyer Dated:- 18-11-2019 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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