https://www.taxtmi.com/caselaws?id=185839 The Tribunal upheld the ld. CIT(A)'s decision to allow the exemption u/s 10(23C)(via) to the charitable trust, rejecting the Revenue's challenge based on previous approvals and orders. It found no double deduction in the treatment of corpus donation and depreciation, following legal principles and distinguishing from prior cases. The Tribunal also affirmed that the conditions for exemption u/s 10(23C)(via) were met, dismissing Revenue's objections on depreciation and deficit set off, in favor of the assessee. en-us Tue, 20 Mar 2012 00:00:00 +0530 Tue, 30 Aug 2016 11:05:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185839 The Tribunal upheld the ld. CIT(A)'s decision to allow the exemption u/s 10(23C)(via) to the charitable trust, rejecting the Revenue's challenge based on previous approvals and orders. It found no double deduction in the treatment of corpus donation and depreciation, following legal principles and distinguishing from prior cases. The Tribunal also affirmed that the conditions for exemption u/s 10(23C)(via) were met, dismissing Revenue's objections on depreciation and deficit set off, in favor of the assessee. Case-Laws Income Tax Tue, 20 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185839