https://www.taxtmi.com/caselaws?id=410181 The Tribunal allowed the appeal filed by the charitable trust, directing the Assessing Officer to permit depreciation on fixed assets and carry forward of excess application of income for subsequent years. The decision was based on recent court judgments supporting the rights of charitable trusts in claiming depreciation and carrying forward excess application of income. en-us Fri, 23 Jul 2021 00:00:00 +0530 Tue, 27 Jul 2021 08:55:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410181 The Tribunal allowed the appeal filed by the charitable trust, directing the Assessing Officer to permit depreciation on fixed assets and carry forward of excess application of income for subsequent years. The decision was based on recent court judgments supporting the rights of charitable trusts in claiming depreciation and carrying forward excess application of income. Case-Laws Income Tax Fri, 23 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410181