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Case Law Details

Case Name : Income tax Officer-(E) I (1), Mumbai Vs Bai Kabibai & Hansraj Morarji Charity Trust (ITAT Mumbai)
Related Assessment Year : 2008-09
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BRIEF FACTS OF THE CASE AND QUESTION OF LAW

Brief Facts:

This is an appeal filed by assessee against challenging the order dt.8.5.2011 of CIT (A)-I, Mumbai, for the assessment year 2008-2009.The grounds of assessee were as follows:

(i) the Learned Commissioner of Income Tax (Appeals) erred in directing the Assessing Officer to allow depreciation on fixed assets without appreciating the fact that the capital expendi

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