https://www.taxtmi.com/caselaws?id=183413 The Court, following a previous judgment, ruled in favor of the appellant regarding entitlement to depreciation for assets used for charitable purposes, answering in the negative. As this issue was resolved in favor of the assessee, the Court did not address the admissibility of depreciation under section 32 separately. The application of a specific judgment of the Hon'ble Karnataka High Court was not a crucial factor in the final decision. The appeal was disposed of based on the resolution of the first issue. en-us Mon, 10 Nov 2014 00:00:00 +0530 Wed, 08 Jun 2016 17:29:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183413 The Court, following a previous judgment, ruled in favor of the appellant regarding entitlement to depreciation for assets used for charitable purposes, answering in the negative. As this issue was resolved in favor of the assessee, the Court did not address the admissibility of depreciation under section 32 separately. The application of a specific judgment of the Hon'ble Karnataka High Court was not a crucial factor in the final decision. The appeal was disposed of based on the resolution of the first issue. Case-Laws Income Tax Mon, 10 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183413