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Assessee Entitled To Claim Depreciation In Respect Of Assets On The Actual Cost Of Assets: Bombay High Court

The Bombay High Court has held that the assessee is entitled to claim depreciation in respect of any assets based on the actual cost of the assets.The bench of Justice K.R. Shriram and Justice M.M.. ....

Justicemm Sathaye , Justicekr Shriram , Bombay High Court , Income Tax , Income Tax Act , Dharmanandan Diamonds , Income Tax Appellate Tribunal , Income Tax Appeal ,

Karnataka High Court Allows Tax Exemption On Voluntary Donation Received By Educational Institution

The Karnataka High Court has allowed a tax exemption on voluntary donations received by educational institutions.The bench of Justice P.S. Dinesh Kumar and Justice T.G. Shivashankare Gowda has. ....

Karnataka High Court , Income Tax Act , Additional Commissioner , Income Tax , Karnataka Educational Institutions , Capitation Fee , Income Tax Appeal ,