https://www.taxtmi.com/highlights?id=42399 Claim of depreciation while claiming exemption u/s 11 - the income of the trust is required to be computed under section 11 on commercial principles after providing for allowance for normal depreciation and deduction thereof from the gross income of the trust. en-us Thu, 01 Nov 2018 17:48:56 +0530 Thu, 01 Nov 2018 17:48:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42399 Claim of depreciation while claiming exemption u/s 11 - the income of the trust is required to be computed under section 11 on commercial principles after providing for allowance for normal depreciation and deduction thereof from the gross income of the trust. Highlights Income Tax Thu, 01 Nov 2018 17:48:56 +0530 https://www.taxtmi.com/highlights?id=42399