https://www.taxtmi.com/caselaws?id=359372 The High Court dismissed the appeals, ruling in favor of the assessee. It held that depreciation on capital assets should be allowed for charitable institutions and can be carried forward. The court relied on previous judgments and Supreme Court rulings, concluding that no substantial question of law arose, and therefore, the appeals were dismissed. en-us Tue, 17 Apr 2018 00:00:00 +0530 Sat, 28 Apr 2018 08:30:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359372 The High Court dismissed the appeals, ruling in favor of the assessee. It held that depreciation on capital assets should be allowed for charitable institutions and can be carried forward. The court relied on previous judgments and Supreme Court rulings, concluding that no substantial question of law arose, and therefore, the appeals were dismissed. Case-Laws Income Tax Tue, 17 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359372