Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2021 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (2) TMI 614 - HC - Income TaxExemption u/s 11 - charitable activity u/s 2(15) - activities of the assessee are not in the nature of commerce / trade - Tribunal held that the activities of the assessee are not in the nature of commerce / trade - as per revenue the assessee is involved in widespread commercial activities which is covered under first and second proviso to section 2(15) without considering the merit of the issue - HELD THAT:- All the questions of law referred to above and proposed by the Revenue stand squarely covered by the decision of this Court in the case of Ahmedabad Urban Development Authority vs. ACIT [2017 (5) TMI 1468 - GUJARAT HIGH COURT]
|