https://www.taxtmi.com/caselaws?id=180009 The Tribunal partly allowed the Revenue's appeal for statistical purposes, directing a reevaluation of the assessee's eligibility for exemption under section 11 of the Income Tax Act and the claim for depreciation. The Tribunal emphasized the need for a fresh decision by the assessing officer based on relevant facts and previous judgments, particularly regarding the collection of capitation fees and the allowance of depreciation on fixed assets used for charitable purposes. The matter was remitted back to the assessing officer for reconsideration in accordance with the Tribunal's directions. en-us Fri, 08 Jun 2012 00:00:00 +0530 Mon, 19 Jun 2017 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180009 The Tribunal partly allowed the Revenue's appeal for statistical purposes, directing a reevaluation of the assessee's eligibility for exemption under section 11 of the Income Tax Act and the claim for depreciation. The Tribunal emphasized the need for a fresh decision by the assessing officer based on relevant facts and previous judgments, particularly regarding the collection of capitation fees and the allowance of depreciation on fixed assets used for charitable purposes. The matter was remitted back to the assessing officer for reconsideration in accordance with the Tribunal's directions. Case-Laws Income Tax Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180009