Depreciation
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....epreciation<br> Query (Issue) Started By: - janakiraman iyer Dated:- 18-11-2019 Income Tax<br>Income Tax<br>when one purchase flat in Mumbai or in Gujarat , developer enters into two agreements, one f....
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....or sale of undivided cost of land and other for construction etc but the effect is acquisition of flat by acquiring shares in cooperative society as land is never conveyed in name of any member but on....
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....ly to cooperative society and so when a corporate claim depreciation on this purchase , they are entitled for deprecation on both the values namely purchase of undivided portion of land and constructi....
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....on cost of flat. can one give any case law on this legal point<br> Discussion Forum - Knowledge Sharing ....