Depreciation eligibility
This query is : Resolved
CA.Pareekshith Sharman
(Querist)
17 October 2014
whether depreciation can be claimed by assesses having NON OPERATING AGRO COOPERAIVE SOCIETY please clarify.
17 October 2014
Depreciation allowed when "Put use " concept full filed . In your case Non operative organisation not get any depreciation .
But non operation due to some temporary reason then you can get the depreciation .
But non operation due to some temporary reason then you can get the depreciation .
CA.Pareekshith Sharman
(Querist)
18 October 2014
Thank You Very Much Sir.
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