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Depriciation

This query is : Resolved 

13 September 2013 who can take the benefit of Depreciation i.e. any individual who does not run any business but has some fixed assets like computer, bike, truck, car etc can avail the benefit of depreciation? if yes then under which section of income tax act.

13 September 2013 No, Depreciation only be claimed in respect of business only....



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