Case Law Details
Case Name : DCIT Vs Vidya Vikas Education Trust (ITAT Mumbai)
Appeal Number : ITA No. 1609/1608/Mum/2022
Date of Judgement/Order : 20/10/2022
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Mumbai
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DCIT Vs Vidya Vikas Education Trust (ITAT Mumbai)
ITAT Mumbai held that depreciation cannot be disallowed as application of income under section 11(6) of the Income Tax Act when the assessee has not claimed purchase of asset as application of income in any of the previous years.<
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