Depreciation in Co Operative Service Society

Can a Co Operative Service Society claim Depreciation in books of account and Income tax?

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Quick Summary
Yes, a Co-operative Service Society can indeed claim depreciation in its books of account and for income tax purposes. The primary condition is that the asset must be owned and used by the society. There are no specific restrictions preventing such claims if these criteria are met.

Yes. There is no bar in claiming the depreciation provided the asset is owned and used by the society 

Yes depreciation can be claimed

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