https://www.taxtmi.com/caselaws?id=203286 Revenue challenged allowance of a statutory contribution claimed as expenditure and the allowability of depreciation for a charitable institution, including the objection that depreciation would amount to a double deduction where capital expenditure had already been treated as application of income. The court noted that the first issue was covered against Revenue by an earlier decision and that the depreciation and double-deduction issues were covered by another prior decision. On that basis, the appeal was dismissed. en-us Fri, 08 Apr 2011 00:00:00 +0530 Tue, 17 May 2011 09:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203286 Revenue challenged allowance of a statutory contribution claimed as expenditure and the allowability of depreciation for a charitable institution, including the objection that depreciation would amount to a double deduction where capital expenditure had already been treated as application of income. The court noted that the first issue was covered against Revenue by an earlier decision and that the depreciation and double-deduction issues were covered by another prior decision. On that basis, the appeal was dismissed. Case-Laws Income Tax Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203286