DCIT, UDUPI vs. M/S MANIPAL ACADEMY OF HIGHER EDUCATION, MANIPAL
In the result, Revenue’s appeal for Assessment Year 2010-11 is dismissed
ITA 933/BANG/2014[2010-11]Status: DisposedITAT Bangalore24 Jul 2015AY 2010-11
Bench: Shri Vijaypal Rao & Shri Jason P. Boaz
For Appellant: Shri Farhat Hussain Qureshi, CIT (D.R)For Respondent: Shri S.K. Tulsiyan, C.A
Section 10Section 12ASection 143(3)
Charitable Trust dt.18.3.2014 in ITA
No.321 to 323/2013 wherein it is held tht Tribunal was not justified in directing the allowance of depreciation in respect of assets, the cost of which has been allowed as deduction as application of income of the Trust.
CARRY FORWARD OF DEFICIT
3.1 The learned CIT (Appeals) erred in directing the Assessing Officer to allow
