Effect of depreciation in case of education institute (trust
This query is : Resolved
17 January 2014
Sir,
I want to know that, what is the effect of depreciation while computing the computation of income in case of educational institute(trust).
I want to know that, what is the effect of depreciation while computing the computation of income in case of educational institute(trust).
18 January 2014
effectively there is no effect...given that the whole of the income is generally exempt...most of educational institutions therefore follow cash method only...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Minor - PPF Rules Doubt
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
