https://www.taxtmi.com/caselaws?id=401881 The High Court allowed the appeal, set aside previous orders, and remanded the matter for fresh consideration on specific issues, including the interpretation of a judgment and circular, disallowance of depreciation, entitlement to deduction under Section 11, consideration of advances received, and violation of provisions related to charitable trusts. The Court provided a favorable ruling on the issue of depreciation, holding it as a legitimate deduction, and directed a fresh assessment by the Assessing Officer on the remaining matters. en-us Thu, 10 Dec 2020 00:00:00 +0530 Tue, 09 Aug 2022 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401881 The High Court allowed the appeal, set aside previous orders, and remanded the matter for fresh consideration on specific issues, including the interpretation of a judgment and circular, disallowance of depreciation, entitlement to deduction under Section 11, consideration of advances received, and violation of provisions related to charitable trusts. The Court provided a favorable ruling on the issue of depreciation, holding it as a legitimate deduction, and directed a fresh assessment by the Assessing Officer on the remaining matters. Case-Laws Income Tax Thu, 10 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401881