https://www.taxtmi.com/caselaws?id=235224 The Appellate Tribunal upheld the First Appellate Authority's decisions regarding the exemption under section 11 of the Income Tax Act and the allowance of depreciation for the assessee-trust. The Assessing Officer's appeal was dismissed, with the Tribunal emphasizing that the trust's activities were charitable and in compliance with relevant sections of the Act. The Tribunal ruled in favor of the trust, allowing the depreciation claim and confirming the entitlement to exemption under section 11. The orders were issued on 7th May 2013. en-us Tue, 07 May 2013 00:00:00 +0530 Sat, 02 Apr 2016 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235224 The Appellate Tribunal upheld the First Appellate Authority's decisions regarding the exemption under section 11 of the Income Tax Act and the allowance of depreciation for the assessee-trust. The Assessing Officer's appeal was dismissed, with the Tribunal emphasizing that the trust's activities were charitable and in compliance with relevant sections of the Act. The Tribunal ruled in favor of the trust, allowing the depreciation claim and confirming the entitlement to exemption under section 11. The orders were issued on 7th May 2013. Case-Laws Income Tax Tue, 07 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235224