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Depreciation on building - Printable Version

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Depreciation on building - javed4452 - 06-12-2015 05:28 PM

Hi

I have recently start job at a private limited company. we have been to new building where we have bought entire floor. what will be depreciation charge for tax. Can we claim initial allowance and if so on what amount (total price we paid or we need reduce amount to account for cost of land ).

I will greatly appreciate help of my brothers.

Thanks
Javed Ahmed