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2010 (7) TMI 653 - AT - Income TaxExemption u/s 10(20) - It is to be independently seen whether the assessee is covered under section 10(20) of the Act as a Municipality - there cannot be duplication of municipalities one like Nagar Panchayat, Municipal Council or Municipal Corporation and other like industrial establishment (like notified areas as the assessee is), if one type is already providing municipal services - State Government can create, by notification in Official Gazette, a notified area and provisions of Gujarat Municipalities Act would be applicable to such notified areas under section 16 of GIDA - Once provisions of Municipalities Act are applicable to notified area and they are treated as a separate class of self-governing institution then they have all the ingredients of a municipality and, therefore, they are covered by clause (ii) of section 10(20) - Accordingly decided in the favour of the assessee
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