Poonawalla fincorps
Poonawalla fincorps

Depreciaiton issue

This query is : Resolved 
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(Querist)
10 May 2018 If the company is using motors cars of her directors, whether in such circumstances depreciation shall be allowable to company.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
11 May 2018 No, Depreciation can not be claimed when asset not owned by company.

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