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Is it applicable depreciation for education instution

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(Querist)
12 October 2018 Hi.,

Is it Depreciation applicable for Education and trust.

Please confirm

With Regards

Jaganathan. R
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 October 2018 Educational institution depreciation applicable. For charitable trust depreciation charged in the books of account, but for tax working not allowed as assets purchased is allowed as application of funds for charitable activities.

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