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    <title>2012 (8) TMI 524 - ITAT MUMBAI</title>
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    <description>The Tribunal upheld the Commissioner of Income Tax (Appeals) decision, allowing the assessee trust&#039;s exemption under Section 11 of the Income Tax Act. It also confirmed the deduction of donations to ISKCON under Section 80G, emphasizing that the trust&#039;s activities were in line with its charitable objectives. Additionally, the Tribunal ruled that there was no double deduction on depreciation claimed by the assessee, aligning with the provisions of Section 11. The Revenue&#039;s appeal was dismissed, affirming the favorable outcomes for the assessee trust in both exemption eligibility and donation deductions.</description>
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    <pubDate>Wed, 18 Jul 2012 00:00:00 +0530</pubDate>
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      <title>2012 (8) TMI 524 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=215839</link>
      <description>The Tribunal upheld the Commissioner of Income Tax (Appeals) decision, allowing the assessee trust&#039;s exemption under Section 11 of the Income Tax Act. It also confirmed the deduction of donations to ISKCON under Section 80G, emphasizing that the trust&#039;s activities were in line with its charitable objectives. Additionally, the Tribunal ruled that there was no double deduction on depreciation claimed by the assessee, aligning with the provisions of Section 11. The Revenue&#039;s appeal was dismissed, affirming the favorable outcomes for the assessee trust in both exemption eligibility and donation deductions.</description>
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      <pubDate>Wed, 18 Jul 2012 00:00:00 +0530</pubDate>
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