Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2016 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (12) TMI 687 - AT - Income TaxDisallowance 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.
|