{"id":23352,"date":"2022-01-05T13:03:18","date_gmt":"2022-01-05T07:33:18","guid":{"rendered":"https:\/\/itatonline.org\/digest\/mazdoor-welfare-trust-v-dy-cit-e-2021-282-taxman-146-mad-hc\/"},"modified":"2022-01-05T13:03:18","modified_gmt":"2022-01-05T07:33:18","slug":"mazdoor-welfare-trust-v-dy-cit-e-2021-282-taxman-146-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mazdoor-welfare-trust-v-dy-cit-e-2021-282-taxman-146-mad-hc\/","title":{"rendered":"Mazdoor Welfare Trust v. Dy. CIT (E) (2021) 282 Taxman 146 (Mad.) (HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that though expenditure incurred for acquisition of capital assets was allowed as application of income for charitable purposes under section 11, yet depreciation would be allowable\u00a0 on such assets.\u00a0 (AY.\u00a0 2008-09 and 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes-Capital asset-Application of income-Depreciation allowable. [S. 12A, 32] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-23352","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-64E","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=23352"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23352\/revisions"}],"predecessor-version":[{"id":23353,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23352\/revisions\/23353"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}