https://www.taxtmi.com/caselaws?id=352533 The Tribunal allowed the appeal of the educational institution, granting exemption under Section 11 of the Income Tax Act and permitting the claim for depreciation on fixed assets. The judgment emphasized interpreting the Act in line with commercial principles to support charitable institutions, overturning the Assessing Officer and CIT(A)'s decisions. en-us Wed, 13 Dec 2017 00:00:00 +0530 Sat, 16 Dec 2017 10:33:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352533 The Tribunal allowed the appeal of the educational institution, granting exemption under Section 11 of the Income Tax Act and permitting the claim for depreciation on fixed assets. The judgment emphasized interpreting the Act in line with commercial principles to support charitable institutions, overturning the Assessing Officer and CIT(A)'s decisions. Case-Laws Income Tax Wed, 13 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352533