2017 (7) TMI 1166 - HC - Income Tax

Depreciation allowable under Section 11 - whether there is no double claim of capital expenditure? - effect of amendment to Section 11(6) - Held that - The question raised in this appeal is answered against the appellants by this Court in DIT v. A-Ameen Charitable Fund Trust 2016 (3) TMI 462 - KARNATAKA HIGH COURT - Appeal dismissed

Summary

The Karnataka High Court dismissed the appeal by Mr. H. G. Ramesh and Mrs. K. S. Mudagal as the question raised was already answered against them in a previous case. (2017 (7) TMI 1166 - KARNATAKA HIGH COURT)