TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Revenue's Appeal Dismissed on Fixed Asset Depreciation for Charitable Trust</h1> The High Court dismissed the revenue's appeal regarding depreciation on fixed assets for a charitable trust/institution for the assessment year 2004-05, ... Depreciation - whether depreciation on fixed asset is allowable in the case of charitable trust/institution particularly when the income is computed as per provisions of section 11 to 13 - Held that:- The matter is covered against the revenue by order of this Court in CIT v. Market Committee, Pipli [2010 (7) TMI 374 - Punjab and Haryana High Court]. The High Court dismissed the appeal by the revenue regarding the allowance of depreciation on fixed assets for a charitable trust/institution for the assessment year 2004-05. The matter was previously decided against the revenue in a similar case. The appeals were dismissed and a copy of the order was to be placed in the file of other connected cases.
TaxTMI 
TaxTMI 
