https://www.taxtmi.com/caselaws?id=65032 The Tribunal allowed the appeal, determining that the foundation qualified as engaged in charitable activities under section 2(15) and was entitled to exemption under section 11 of the Income-tax Act. The Tribunal overturned the Commissioner's decision on the computation of business income and denial of depreciation, restoring the original assessment that recognized the foundation's charitable status and exempted its income. en-us Wed, 15 Jan 1986 00:00:00 +0530 Fri, 11 Feb 2011 17:42:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65032 The Tribunal allowed the appeal, determining that the foundation qualified as engaged in charitable activities under section 2(15) and was entitled to exemption under section 11 of the Income-tax Act. The Tribunal overturned the Commissioner's decision on the computation of business income and denial of depreciation, restoring the original assessment that recognized the foundation's charitable status and exempted its income. Case-Laws Income Tax Wed, 15 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65032