https://www.taxtmi.com/caselaws?id=296404 The ITAT allowed the appeals for statistical purposes, directing the Assessing Officer to conduct a de novo assessment. The appellant was instructed to reexamine the expenses for charitable purposes if registration u/s 12AA was obtained for the relevant assessment years. The Assessing Officer was also tasked with determining the allowance of depreciation if expenses were deemed capital. The issues were remanded back to the Assessing Officer for further assessment. en-us Fri, 27 Jul 2012 00:00:00 +0530 Mon, 19 Jul 2021 14:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296404 The ITAT allowed the appeals for statistical purposes, directing the Assessing Officer to conduct a de novo assessment. The appellant was instructed to reexamine the expenses for charitable purposes if registration u/s 12AA was obtained for the relevant assessment years. The Assessing Officer was also tasked with determining the allowance of depreciation if expenses were deemed capital. The issues were remanded back to the Assessing Officer for further assessment. Case-Laws Income Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296404