Depreciation in the case of trust

Is depreciation applicable in the case of assets owned by trust which has claimed deduction under section 80G?
Replies (2)
Quick Summary
This discussion clarifies whether depreciation applies to assets owned by a trust that has claimed deductions under Section 80G. The consensus is that depreciation is indeed applicable because the rules governing trusts for tax purposes are not dictated by the Trust Act itself. Therefore, trusts can claim depreciation on their assets.

Depreciation in case of trust is applicable because it is not governed by trust act.
It is applicable

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