Construction Value

watch_later 6 months, 2 weeks ago


I.t. assess construction for commerical building new strated in f.y.2019-2020.

Some construction expenses Rs.5 lacs payment through cash mode( above 10 thousand limit).

Some construction expenses Rs.12 lacs payment through on bank account payee mode.

Total construction expenses cash and bank mode Rs.17 lacs in f.y.2019-2020.


Construction expenses value amount Rs.12 lacs or 17 lacs show in accounting books. And cash expenses above 10 thousand transaction depreciation claimed eligible or not.

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