6 results for “depreciation”+ Long Term Capital Gainsclear
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The appeals of the assessee are allowed and the appeal of the revenue is dismissed
long as the institution exists solely for educational purposes and not for profit, the test is met." 25. We approve the judgments of the Punjab and Haryana, Delhi and Bombay High Courts. Since we have set aside the judgment of the Uttarakhand High Court and since the Chief CIT's orders cancelling exemption which were set aside by the Punjab