https://www.taxtmi.com/caselaws?id=194724 The Tribunal allowed the appeal of the assessee, deleting the additions in dispute related to the addition of hostel surplus fee receipts as business income and the disallowance of depreciation claimed. The Tribunal held that the appellant, a charitable society/trust, was incorrectly assessed by the lower authorities. The issues were resolved in favor of the assessee based on relevant legal precedents and arguments presented during the proceedings. en-us Wed, 15 Feb 2017 00:00:00 +0530 Thu, 21 Sep 2017 07:05:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194724 The Tribunal allowed the appeal of the assessee, deleting the additions in dispute related to the addition of hostel surplus fee receipts as business income and the disallowance of depreciation claimed. The Tribunal held that the appellant, a charitable society/trust, was incorrectly assessed by the lower authorities. The issues were resolved in favor of the assessee based on relevant legal precedents and arguments presented during the proceedings. Case-Laws Income Tax Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194724