https://www.taxtmi.com/caselaws?id=294404 The Tribunal upheld the Commissioner's decision to allow the depreciation claim of a charitable institution under sec.11(1) of the Income-tax Act, 1961, dismissing the Revenue's appeal. The Tribunal cited precedents and noted the absence of contrary decisions from the Jurisdictional High Court, ultimately ruling in favor of the assessee based on the interpretation of law regarding depreciation claims by charitable institutions. en-us Mon, 07 Oct 2013 00:00:00 +0530 Mon, 12 Apr 2021 14:14:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294404 The Tribunal upheld the Commissioner's decision to allow the depreciation claim of a charitable institution under sec.11(1) of the Income-tax Act, 1961, dismissing the Revenue's appeal. The Tribunal cited precedents and noted the absence of contrary decisions from the Jurisdictional High Court, ultimately ruling in favor of the assessee based on the interpretation of law regarding depreciation claims by charitable institutions. Case-Laws Income Tax Mon, 07 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294404