Indiana Code - Taxation - Title 6, Section 6-1.1-12-25

Rehabilitated property; electing either IC 6-1.1-12-18 or
IC 6-1.1-12-22 deduction

Sec. 25. For repairs or improvements made to a particular building
or structure, a person may receive either the deduction provided by
section 18 of this chapter or the deduction provided by section 22 of
this chapter. He may not receive deductions under both sections for
the repairs or improvements.
(Formerly: Acts 1975, P.L.47, SEC.1.)

Last modified: May 28, 2006