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2017 (9) TMI 373 - AT - Income TaxDepreciation claim on assets of trust - assessee had claimed depreciation allowance on the cost of fixed assets, whereas such cost of fixed assets has also been taken as an application of income while computing the total income - double deduction - Held that:- Indraprastha Cancer Society, (2014 (11) TMI 733 - DELHI HIGH COURT) wherein it has been opined that the allowance of depreciation in similar situation would not amount to a double deduction. There is no error on the part of the CIT(A) in following the decision of the Hon'ble Bombay High Court in the assessee’s own case and in the case of Institute of Banking Personnel Selection (2003 (7) TMI 52 - BOMBAY High Court ) and allowing the stand of the assessee. - Decided against revenue
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