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On Line Tutorial Class. Join me in learning Taxation. Tuesday, April 9, 2013. Is a deduction allowed for the reasonable wearing out of assets used in business or held for the production of income. ex. machinery,. An improvement made to extend the useful life of a property or add to its value. Major repair such as the replacement of a roof are considered to be capital improvement. The cost of capital improvements to business property must be capitalized and may be depreciated. The total amount provided on.CONTENT
This web page taxation-under-accounting.blogspot.com states the following, "Join me in learning Taxation." We saw that the webpage said " Tuesday, April 9, 2013." It also said " Is a deduction allowed for the reasonable wearing out of assets used in business or held for the production of income. An improvement made to extend the useful life of a property or add to its value. Major repair such as the replacement of a roof are considered to be capital improvement. The cost of capital improvements to business property must be capitalized and may be depreciated. The total amount provided on."