Income Tax - Immunity from Income Tax - Article 289(1) of the...

Income Tax

Immunity from Income Tax - Article 289(1) of the Constitution - Maharashtra State Board of Technical Education - “state” or “Body Corporate” - the assessee is falling within the meaning of “state” under Article 12 of the Constitution of India and, hence, will have the benefit of immunity from taxation of its income under the provision of Income Tax Act. - AT

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