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2021 (9) TMI 175 - ITAT AHMEDABADExemption u/s 11 - Charitable object u/s 2(15) - whether the activity of the assessee as engaged in the development of urban area of Gandhinagar which is in the nature of advancement of general public utility not hit by the newly introduced first and second proviso to sec. 2(15) ? - HELD THAT:- After following the decision in the cases of Ahmedabad Urban Development Authority [2017 (5) TMI 1468 - GUJARAT HIGH COURT] and CIT Vs. Gujarat Industrial Development Corporation [2017 (7) TMI 811 - GUJARAT HIGH COURT] the Co-ordinate Bench of the ITAT has adjudicated the similar issue on identical fact in the case of the assessee itself [2019 (7) TMI 1608 - ITAT AHMEDABAD] wherein the claim of the assessee has been allowed - Decided in favour of assessee.
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