https://www.taxtmi.com/caselaws?id=217494 The Tribunal set aside the CIT(A)'s order and directed the assessing officer to verify whether the assessee collected any money over and above the prescribed fee to determine eligibility for benefits under Section 11 of the Income Tax Act. Additionally, the Tribunal directed a fresh consideration by the Assessing Officer regarding the allowance of depreciation claimed by the assessee, emphasizing the necessity of verifying if the value of each asset on which depreciation was claimed was allowed under Section 11. The Revenue's appeal was allowed for statistical purposes, with directions for proper verification and assessment. en-us Fri, 06 Jul 2012 00:00:00 +0530 Tue, 16 Oct 2012 21:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217494 The Tribunal set aside the CIT(A)'s order and directed the assessing officer to verify whether the assessee collected any money over and above the prescribed fee to determine eligibility for benefits under Section 11 of the Income Tax Act. Additionally, the Tribunal directed a fresh consideration by the Assessing Officer regarding the allowance of depreciation claimed by the assessee, emphasizing the necessity of verifying if the value of each asset on which depreciation was claimed was allowed under Section 11. The Revenue's appeal was allowed for statistical purposes, with directions for proper verification and assessment. Case-Laws Income Tax Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217494