The Income Tax Appellate Tribunal (ITAT), Mumbai Bench directed to allow depreciation on the ground that there was no claim of purchase of asset as application of income. The assessee, Vidya Vikas Education Trust is a Society involved in running of educational institution, duly registered under section 12A with the office of CIT(E). The assessee…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now 
