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what is the meaing of Purely Temporary Erections as per
income tax act
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Answer Posted / s.r.sahgal
The term "Purely Temporary Erctions" is not defined in the
Income Tax Act or Rules. This is relevant to claim
depreciation. 100% Depreciation is allowed on such
Erections. To find the meaning we have to refer to
dictionaries. Dictionary meaning of"temporary" is -
"Lasting or intended to be used for a short time only".
Thus even if the erction is made of steel, brick and
concrete it will be a temporary erction if it is intened to
be used for a short time say upto five years as compared to
thirty/forty years or more.
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