Kanpur Development Authority Vs. JCIT Exemption Range Ghaziabad
Case No: ITA No.920/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Bench
Date: 3/12/2025
Parties Involved
AppellantKanpur Development Authority
RespondentJCIT Exemption Range Ghaziabad
Facts Summary
The assessee, Kanpur Development Authority, is an authority notified under the Uttar Pradesh Urban Planning (Development and Registration) Act 1973. It is tasked with promoting and securing the development of the area according to plan. The Authority has the power to acquire, hold, manage, and dispose of land and other property, carry out building, engineering, mining, and other operations, and provide various services and amenities. The assessee enjoyed exemption under section 10(20A) of the In…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Ld. CIT(A) erred in confirming the action of Ld. AO in holding that the assessee is not entitled for the benefit of section 11, 12 and 12A and is engaged in commercial activity.
- 2. Whether the Ld. CIT(A) erred in not granting the benefit of exemption u/s 11&12 as claimed by the assessee.
3 more legal issues analysed in this judgement.
Precedents Relied Upon
5 precedents cited in this judgement.