Depreciation on medical equipment used by medical student

This discussion explores whether a medical postgraduate student, receiving a stipend and earning income from private consultations, can claim depreciation on essential medical equipment. The consensus suggests that depreciation might not be claimable if the primary income source is a government stipend, as it may be considered exempt income or not fall under business income. However, if income is generated through private practice, claiming depreciation could be possible, especially when filing with proper accounts.