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2018 (4) TMI 626 - AT - Income TaxAddition made towards receipts collected but not shown as income - Held that:- Admittedly, the addition has been made on adhoc basis, the basis of making addition is not specified by the AO - Decided against revenue Disallow the depreciation only in respect of assets acquired for the year in which benefit of Section 12A has been availed by the assessee - Held that:- CIT(A) has rightly directed the AO to disallow the depreciation only in respect of the assets acquired for the year in which benefit of Section 12A of the Act had been first availed by the assessee. There is no dispute with regard to the fact that the assessee would be entitled for depreciation if he is not getting benefit of Section 12A of the Act. Under this fact, there is no infirmity in the order of the learned CIT(A). The same is hereby dismissed. Excess application of income for charitable purposes to be carried forward - Held that:- CIT(A) was was justified in allowing the carry forward excess application of income as relying on Raghuvanshi Charitable Trust & Ors [2010 (7) TMI 158 - DELHI HIGH COURT] Disallowance on account of expenses which cannot be treated as application of mind - Held that:- There is no discussion on this addition in the assessment order. The AO has merely made addition without specifying ground on which the addition has been made. Under this fact, such approach of the AO cannot be sustained. Moreover, learned CIT(A) has called a remand report from the AO and no adverse material was placed before the learned CIT(A). Therefore, we do not see any merit in this ground of the Revenue hence the same is rejected.
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