Depreciation on Boundary Walls u/s 32: Eligible for Business Asset Protection and Security Purposes.

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....Depreciation u/s 32 on boundary wall and other structures - Purpose of the boundary wall is to provide protection and security to the building and other assets of the company, which are undoubtedly business assets. - If the construction of boundary wall is complete during the current year, the same is eligible to be added to the block of assets and subject to the requirement of law, it is qualified for claiming depreciation. - AT....