Multiple deductions barred
Sec. 6. (a) A property owner may not receive a deduction under
this chapter for repairs or improvements to real property if he
receives a deduction under either IC 6-1.1-12-18 or IC 6-1.1-12-22
for those same repairs or improvements.
(b) A property owner may not receive a deduction under this
chapter if the property owner receives a deduction under
IC 6-1.1-12-28.5 for the same property.
As added by Acts 1977, P.L.69, SEC.1. Amended by P.L.25-1995,
SEC.23.
Last modified: May 28, 2006