https://www.taxtmi.com/caselaws?id=62904 The Tribunal directed the AO to allow depreciation if the full value of the asset was not previously allowed under section 11. The Tribunal also instructed the CIT(A) to decide on additional grounds raised by the assessee. It was held that corpus donations are not taxable, and the registration application under section 12A should be promptly processed without penalizing the assessee for the department's inaction. en-us Wed, 06 Jul 1994 00:00:00 +0530 Tue, 22 Feb 2011 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62904 The Tribunal directed the AO to allow depreciation if the full value of the asset was not previously allowed under section 11. The Tribunal also instructed the CIT(A) to decide on additional grounds raised by the assessee. It was held that corpus donations are not taxable, and the registration application under section 12A should be promptly processed without penalizing the assessee for the department's inaction. Case-Laws Income Tax Wed, 06 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62904