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1 result for “depreciation”+ Section 53Aclear

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ITO (EXEMPTIONS), JAMSHEDPUR vs. JYOTI PUNJ EDUCATIONAL AND WELFARE SOCIETY, JAMSHEDPUR

In the result, the appeal filed by the revenue is dismissed

ITA 144/RAN/2016[2005-06]Status: DisposedITAT Ranchi22 Feb 2019AY 2005-06

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

For Appellant: None appearedFor Respondent: Shri P.K. Mondal, JCIT, ld. Sr.DR
Section 12ASection 147

depreciation were made. Ultimately the assessee claimed excess of income over expenditure of Rs. 23,13,604/-. The expenditure which have been incurred in connection with the running and maintenance of schools, establishment and administration have been examined an d are found to have been incurred in the pursuit of the general activities of the society, which are its main