https://www.taxtmi.com/caselaws?id=197336 The Tribunal dismissed the Revenue's appeal, upholding the ld.CIT(A)'s decisions on all three issues. The depreciation on fixed assets was allowed, the disallowance under Section 80G was deleted, and the income from the sale of plots was treated as long-term capital gain rather than business income. en-us Fri, 16 Dec 2011 00:00:00 +0530 Wed, 03 Jan 2018 17:44:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197336 The Tribunal dismissed the Revenue's appeal, upholding the ld.CIT(A)'s decisions on all three issues. The depreciation on fixed assets was allowed, the disallowance under Section 80G was deleted, and the income from the sale of plots was treated as long-term capital gain rather than business income. Case-Laws Income Tax Fri, 16 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197336