Is it applicable depreciation for education instution
This query is : Resolved
12 October 2018
Hi.,
Is it Depreciation applicable for Education and trust.
Please confirm
With Regards
Jaganathan. R
Is it Depreciation applicable for Education and trust.
Please confirm
With Regards
Jaganathan. R
CA R SEETHARAMAN
(Expert)
12 October 2018
Educational institution depreciation applicable. For charitable trust depreciation charged in the books of account, but for tax working not allowed as assets purchased is allowed as application of funds for charitable activities.
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