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Depreciation

This query is : Resolved 
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(Querist)
07 February 2012 Is depreciation charged in the Income & Expenditure account of a co-operative housing society?

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Jinesh Bhagdev

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Jinesh Bhagdev (Expert)
07 February 2012 Yes... Depreciation can be charged on furniture and fixtures or any other depriciable asset owned by a co-op housing society..
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Guest (Expert)
07 February 2012 Yes it is to be charged
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