https://www.taxtmi.com/caselaws?id=261842 Depreciation on trust assets, where the asset cost had already been treated as application of income in earlier or current years, was identified as the substantial question of law for consideration. The HC admitted the appeal on that stated question, leaving the issue to be examined on merits in the appeal. en-us Wed, 05 Mar 2014 00:00:00 +0530 Fri, 24 Jul 2015 15:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261842 Depreciation on trust assets, where the asset cost had already been treated as application of income in earlier or current years, was identified as the substantial question of law for consideration. The HC admitted the appeal on that stated question, leaving the issue to be examined on merits in the appeal. Case-Laws Income Tax Wed, 05 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261842