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Income Tax - Highlights / Catch Notes

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Depreciation to assessee trust - Depreciation is allowable on ...


Charitable Trusts Can Claim Depreciation on Capital Assets for Income Calculation u/s 11 of Income Tax Act.

May 5, 2016

Case Laws     Income Tax     AT

Depreciation to assessee trust - Depreciation is allowable on capital assets on the income of the charitable trust for determining the quantum of funds which have to be applied for the purpose of trusts in terms of section 11 - AT

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