Posts tagged "Trust income on commercial principles after depreciation"

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Income Tax

Income of the Trust is required to be computed under section 11 on commercial principles after providing for allowance for normal depreciation and deduction thereof from gross income of the Trust

May 5, 2021 0 Comments
Income of the Trust is required to be computed under section 11 on commercial principles after providing for allowance for normal depreciation and deduction thereof from gross income of the Trust     ITAT PUNE in DCIT (EXEMPTION) CIRCLE, PUNE VERSUS SHIVNAGAR VIDYA PRASARAK ...
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