depreciation on Pooja Equipments

This query is : Resolved 

01 December 2008 hai..

Whether Depreciation on Pooja Equipment by a preist who performs Poojas at the clents Place is allowed as expenses under the Income Tax Act?

01 December 2008 Pooja eqpts means what ?

If its plate, diyas, ghanti, etc, it should be expensed out.
However its of Gold or Silver, it may be parked in current asstes

02 December 2008 I agreed with Deepak.




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