How does non profit seeking organization claim depreciation

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how does Non profit seeking organization claim depreciation. please tell treatment in income expenditure A/C as well as Tax

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If the non-profit organization is an company then the depreciation shall be calculated as per the rates laid down in Schedule XIV as per SLM / WDV method.  while computing the taxable income the depreciation as per Co's act shud be added & deprn as per I-T shud be dedcuted.

if the NPO is other than company such as Trust, then depreciation shud be calculated as per the rates laid down under the I-T Act.  The depreciation charged will be be considered as application of income in compuitng the 85% application of income.


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