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2019 (2) TMI 1917 - HC - Income TaxAdmissibility of Sections 11 and 12 - AO had ruled that the assessee was disentitled to the exemptions - CIT(A) and the ITAT, h reversed the decision and relied upon the decision of this Court in India Trade Promotion Organization vs. DGIT [2015 (1) TMI 928 - DELHI HIGH COURT]. Double benefit claimed by the assessee i.e. towards depreciation reported in respect of the assets acquired out of previous exempt income - Tribunal relied upon a binding decision of the Supreme Court in CIT vs. Rajasthan & Gujarat Charitable Foundation [2017 (12) TMI 1067 - SUPREME COURT] Both questions urged are answered by the decisions of this Court and the Supreme Court. Therefore, no substantial question of law arises.
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