Tribunal held that depreciation was allowed and deficit was allowed to be carry forward. (AY. 2012-13)
Dy. CIT(E) v. Nav Nirman Sewa Samiti (2021) 88 ITR 4 (SN) (Delhi)(Trib.)
S. 11 : Property held for charitable purposes-Depreciation-Carry forward of deficit-Depreciation allowed.[12A, 32, 70, 74]