https://www.taxtmi.com/caselaws?id=381624 The Tribunal allowed the appeal, ruling that the hostel and transport facilities were incidental to the educational objectives and not separate business activities, thus not requiring separate books of accounts under Section 11(4A). It also upheld the claim for depreciation, recognizing it as a legitimate deduction. The decision emphasized the integral nature of these facilities to the educational mission and the reinvestment of any surplus into furthering the society's charitable purposes. en-us Wed, 12 Jun 2019 00:00:00 +0530 Fri, 14 Jun 2019 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381624 The Tribunal allowed the appeal, ruling that the hostel and transport facilities were incidental to the educational objectives and not separate business activities, thus not requiring separate books of accounts under Section 11(4A). It also upheld the claim for depreciation, recognizing it as a legitimate deduction. The decision emphasized the integral nature of these facilities to the educational mission and the reinvestment of any surplus into furthering the society's charitable purposes. Case-Laws Income Tax Wed, 12 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381624