Depreciation to socities
This query is : Resolved
18 January 2013
Sir,
Is depreciation rates specified under SOCIETIES ACT (i.e.to educational institutions registered under societies act)?.
Is depreciation rates specified under SOCIETIES ACT (i.e.to educational institutions registered under societies act)?.
CA PARAS BAFNA
(Expert)
19 January 2013
There are no such prescribed Rates under the
Societies Act of Maharashtra and Gujarat, however for arriving the correct income depreciation has to be provided.
.
Societies Act of Maharashtra and Gujarat, however for arriving the correct income depreciation has to be provided.
.
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