https://www.taxtmi.com/caselaws?id=302584 The ITAT Chennai allowed the Revenue's appeal, denying exemption u/s 11 to the assessee and clarifying the treatment of depreciation on assets. The cross objection by the assessee regarding maintainability and depreciation was dismissed. The judgment was pronounced on 6th Nov., 2015 in Chennai. en-us Fri, 06 Nov 2015 00:00:00 +0530 Tue, 07 Jun 2022 08:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302584 The ITAT Chennai allowed the Revenue's appeal, denying exemption u/s 11 to the assessee and clarifying the treatment of depreciation on assets. The cross objection by the assessee regarding maintainability and depreciation was dismissed. The judgment was pronounced on 6th Nov., 2015 in Chennai. Case-Laws Income Tax Fri, 06 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302584