ACIT vs. M/S XAVIER INSTITUTE OF SOCIAL SERVICE,
In the result, appeal filed by the revenue is dismissed
ITA 100/RAN/2014[2009-10]Status: DisposedITAT Ranchi30 May 2018AY 2009-10
Bench: Shri N.S Saini & Pavan Kumar Gadaleassessment Year: 2009-2010
For Appellant: Shri B.K.Banka, CAFor Respondent: Shri D.K. Sutariaya, CIT (DR)
Section 10Section 11Section 11(2)Section 12ASection 35A
1)(a) and Section
7
IT A No.1 00/R an/2 014
Asse ssmen t Year: 2 009 -20 10
10(23)(C) of the Act is required to be computed not in accordance with
those provisions, but in accordance with the normal rules of accountancy
where depreciation is always taken into account for finding out the real
income
