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2016 (12) TMI 687 - ITAT CHENNAI
Disallowance of depreciation claimed by assessee trust - Held that:- The depreciation is not allowable since the cost of asset was already allowed as deduction towards application of income. See Lissie Medical Institutions v. CIT [2012 (4) TMI 115 - KERALA HIGH COURT ] - Decided against assessee.