https://www.taxtmi.com/caselaws?id=381576 The Tribunal allowed the appeals for the assessment years 2014-15, 2012-13, and 2011-12, holding that receipts from hostel and transportation facilities are incidental to educational activities, not separate business activities. The claim of depreciation was also allowed based on precedents and legal provisions. The appeals were decided in favor of the assessee on 21st May, 2019. en-us Tue, 21 May 2019 00:00:00 +0530 Thu, 13 Jun 2019 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381576 The Tribunal allowed the appeals for the assessment years 2014-15, 2012-13, and 2011-12, holding that receipts from hostel and transportation facilities are incidental to educational activities, not separate business activities. The claim of depreciation was also allowed based on precedents and legal provisions. The appeals were decided in favor of the assessee on 21st May, 2019. Case-Laws Income Tax Tue, 21 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381576