2016 (11) TMI 1565 - HC - Income Tax

Depreciation claim to assessee trust - double deduction since purchase of its assets were claimed as expenditure - Held that - ITAT followed the decision of this Court in a previous order in the assessee s case - Director of Income Tax (Exemption) v. M/s Sanskriti Educational Society and other connected cases (2014 (11) TMI 733 - DELHI HIGH COURT). In the circumstances no question of law arises; the appeal is dismissed. - decided against revenue

Summary

The Delhi High Court dismissed the appeal regarding depreciation claimed by the assessee, as it had already been claimed as expenditure, resulting in double deduction. The ITAT decision was based on a previous order in a similar case.