DEPRECIATION CLAIM IN CASE OF NGO ASSETS NOT HAVING 12A AND 80G REGISTRATION
This query is : Resolved
Mahendra Rao
(Querist)
22 April 2024
I HAVE ONE NGO WHICH ARE NOT REGISTERED UNDER 12A AND 80G. THE ASSETS IN BOOKS. CAN I CLAIM CHARGE OR CLAIM DEPRICIATION ON ABOVE ASSETS. I FILED ITR 5 FOR FY 23-24
Nikhil Kaushik
(Expert)
22 April 2024
yes. you can. prepare accounts as you would normally do for any entity.
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