A charitable institution, which has purchased capital assets and ...

Income Tax

September 5, 2017

A charitable institution, which has purchased capital assets and treated amount spent on purchase of capital asset as application of income, is entitled to claim depreciation on same capital asset utilized for business. See Indraprastha Cancer Society case [2014 (11) TMI 733 - DELHI HIGH COURT]

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A charitable institution, which has purchased capital assets and ...

Income Tax

September 5, 2017

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