https://www.taxtmi.com/caselaws?id=207628 The text states that claims on expenditure contributed under statutory obligation, depreciation on assets treated as application of income, and accumulation of income without a resolution were all covered by earlier decisions of the same High Court. On that basis, the Court found no substantial question of law on the allowability of the expenditure, the alleged double deduction, the permissibility of depreciation, or the requirements for accumulation. The revenue's concessions and the binding precedents disposed of each issue, and the appeal was dismissed. en-us Fri, 01 Apr 2011 00:00:00 +0530 Mon, 19 Dec 2011 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207628 The text states that claims on expenditure contributed under statutory obligation, depreciation on assets treated as application of income, and accumulation of income without a resolution were all covered by earlier decisions of the same High Court. On that basis, the Court found no substantial question of law on the allowability of the expenditure, the alleged double deduction, the permissibility of depreciation, or the requirements for accumulation. The revenue's concessions and the binding precedents disposed of each issue, and the appeal was dismissed. Case-Laws Income Tax Fri, 01 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207628