https://www.taxtmi.com/caselaws?id=283428 The Tribunal dismissed both appeals by the Revenue, upholding the CIT(A)'s decisions to allow depreciation on capital assets, accumulation of income under Section 11(2), and the 15% accumulation of income under Section 11(1)(a). The judgments were pronounced in the open court on May 29, 2015. en-us Fri, 29 May 2015 00:00:00 +0530 Sun, 22 Sep 2019 17:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283428 The Tribunal dismissed both appeals by the Revenue, upholding the CIT(A)'s decisions to allow depreciation on capital assets, accumulation of income under Section 11(2), and the 15% accumulation of income under Section 11(1)(a). The judgments were pronounced in the open court on May 29, 2015. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283428