https://www.taxtmi.com/caselaws?id=17448 The court partly allowed the applications of both the assessee and the Revenue regarding the eligibility for exemptions under sections 10(26B) and 10(20A) of the Income-tax Act, 1961. Income accrued from housing schemes for Scheduled Castes was found to be exempt, while income related to other categories was not exempt. The court upheld relief under section 32A(2) and depreciation on shuttering material, allowing the assessee to write off losses due to theft and pilferage. The record was directed to be sent back to the Appellate Tribunal for further action. en-us Wed, 13 Dec 1995 00:00:00 +0530 Tue, 22 Sep 2009 14:03:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17448 The court partly allowed the applications of both the assessee and the Revenue regarding the eligibility for exemptions under sections 10(26B) and 10(20A) of the Income-tax Act, 1961. Income accrued from housing schemes for Scheduled Castes was found to be exempt, while income related to other categories was not exempt. The court upheld relief under section 32A(2) and depreciation on shuttering material, allowing the assessee to write off losses due to theft and pilferage. The record was directed to be sent back to the Appellate Tribunal for further action. Case-Laws Income Tax Wed, 13 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17448