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Depreciation on hypotication

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 March 2013 Dear Experts,

If assets are hypoticated who would be eligible to get the depreciation is

Financier of the assets or client

Regards
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
26 March 2013 Hypothication just a finance arrangement,it will not affect the claiming depreciation by client. so client is eligible for claim depreciation
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