https://www.taxtmi.com/manuals?id=1228 Where an asset's acquisition cost was previously claimed as application of income for charitable, religious or educational purposes, no deduction by way of depreciation or similar allowance shall be allowed in computing income for any subsequent year, and any depreciation shall not be treated as application of income for those purposes. en-us Mon, 28 Sep 2015 10:39:00 +0530 Tue, 23 Apr 2024 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1228 Where an asset's acquisition cost was previously claimed as application of income for charitable, religious or educational purposes, no deduction by way of depreciation or similar allowance shall be allowed in computing income for any subsequent year, and any depreciation shall not be treated as application of income for those purposes. Manuals Income Tax Mon, 28 Sep 2015 10:39:00 +0530 https://www.taxtmi.com/manuals?id=1228