Whether Depreciation u/s 32 AC is allowable for Land purcahased under lease (minning Lease)

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....hether Depreciation u/s 32 AC is allowable for Land purcahased under lease (minning Lease)<br> Query (Issue) Started By: - gaurav goyal Dated:- 1-6-2015 Income Tax<br>Income Tax<br>Dear Sir/Madam, I ....

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....had purchased the Minning lease land for 30 Years therefore please guide me whether this expenditure claim u/s 32 or 37 of Income tax act.<br> Discussion Forum - Knowledge Sharing ....