TMI Blog2011 (4) TMI 601X X X X Extracts X X X X X X X X Extracts X X X X ..... Haryana High Court) - Accordingly it was decided against the revenue - 18 of 2011 - - - Dated:- 1-4-2011 - MR.JUSTICE ADARSH KUMAR GOEL, MR.JUSTICE AJAY KUMAR MITTAL, JJ. Present: Mr. Yogesh Putney, Advocate for the appellant. A DARSH KUMAR GOEL, J ( Oral) . 1. This appeal has been preferred by the revenue under Section 260A of the Income Tax Act, 1961 against order dated 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ether on the facts and in the circumstances of the case, the Hon'ble ITAT is justified in allowing expenditure on acquisition of the corresponding assets had already been allowed as 'application of income' for the purpose of allowing exemption under section 11 of the income-tax Act and as such further allowing of depreciation on these capital assets will amount to double deduction for the same exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... enue by the judgment of this Court dated 5.7.2010 in ITA No.151 of 2010 Commissioner of Income-Tax, Hisar Vs. Market Committee, Narwana, questions no. (ii) and (iii) are covered against the revenue by the judgment of this Court dated 5.7.2010 in ITA No.535 of 2009 Commissioner of Income Tax, Karnal Vs. Market Committee, Pipli whereas question No.(iv) is covered against the revenue by the judgment ..... X X X X Extracts X X X X X X X X Extracts X X X X
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