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2017 (12) TMI 1255 - AT - Income TaxClaim of depreciation to assessee trust - prospectivity or retrospectivity of amendment of sec 11(6) - Held that:- An identical issue has been considered by the Hon’ble jurisdiction High Court in case of CIT (E) vs. Mahima Shiksha Samiti (2017 (11) TMI 1421 - RAJASTHAN HIGH COURT) wherein the Hon’ble High Court has held the amendment in section 11(6) of the Income Tax Act is prospective and not retrospective and therefore, the claim of depreciation is allowable prior to the amendment - Decided against revenue.
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