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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Disallowance of depreciation to assessee trust - specific ...


Depreciation Disallowance for Trusts u/s 11(6) Effective from Assessment Year 2015-16.

December 12, 2018

Case Laws     Income Tax     AT

Disallowance of depreciation to assessee trust - specific provisions of section 11(6) which bars claim of depreciation of expenditure incurred for charitable purposes is prospective and applies only from the assessment year 2015-16.

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