https://www.taxtmi.com/caselaws?id=435389 The delay in filing the appeal was condoned by the Tribunal due to genuine medical reasons, allowing the appeal to be heard. Regarding the disallowance of depreciation claimed by the charitable trust, the Tribunal remitted the matter back to the assessing officer to determine if the trust had claimed any exemption on the asset's purchase cost. If no exemption was claimed, the trust would be entitled to depreciation. The appeal of the assessee was allowed for statistical purposes. en-us Thu, 16 Mar 2023 00:00:00 +0530 Sat, 18 Mar 2023 08:30:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435389 The delay in filing the appeal was condoned by the Tribunal due to genuine medical reasons, allowing the appeal to be heard. Regarding the disallowance of depreciation claimed by the charitable trust, the Tribunal remitted the matter back to the assessing officer to determine if the trust had claimed any exemption on the asset's purchase cost. If no exemption was claimed, the trust would be entitled to depreciation. The appeal of the assessee was allowed for statistical purposes. Case-Laws Income Tax Thu, 16 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435389