https://www.taxtmi.com/caselaws?id=352085 The Tribunal partly allowed the revenue's appeal by classifying the development fund as a revenue receipt, affirming the allowance of depreciation on fixed assets, and remanding the issue of exemption under Section 10(23C) to the AO for further consideration. The order was pronounced on 15/11/2017. en-us Wed, 15 Nov 2017 00:00:00 +0530 Thu, 07 Dec 2017 08:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352085 The Tribunal partly allowed the revenue's appeal by classifying the development fund as a revenue receipt, affirming the allowance of depreciation on fixed assets, and remanding the issue of exemption under Section 10(23C) to the AO for further consideration. The order was pronounced on 15/11/2017. Case-Laws Income Tax Wed, 15 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352085