The Commissioner of Income Tax - IV vs. M/s. Mekins Agro Product (P) Ltd.
ITTA/449/2013HC Telangana25 Sept 2013
Section 11(1)Section 29Section 32
43D which
includes
depreciation
under
section 32, the assessee is entitled is the case
pressed before us
by the senior counsel
appearing for the assessee. We have no doubt
in
our
mind
that
business
income
of
charitable trust also has to be computed in
the same manner as provided under section
29 of the Income-tax Act. However,
the
issue