Section 11 query

This query is : Resolved 

13 December 2013 conflict in depreciation treatment for computation of taxable income of trust . case law Bombay and Haryana and Punjab court favour for deduction recognized it as a commercial expense but in 2012 kerla court taken as a double deduction so not to be deducted .

13 December 2013 actually kerala high court judgment is better. but often double deduction has been allowed.


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