GUJARAT HOUSING BOARD (GHB),,AHMEDABAD vs. THE D.C.I.T. (EXEMPTION), CIRCLE-1,, AHMEDABAD

In the result, the appeal is allowed in the terms indicated above

Bench: Him) Of Denying Exemption To The Appellant’S Income U/S.11 & 12 Of The Income Tax Act, 1961 As Claimed In The Appellant’S Return, On The Ground That The Appellant’S Case Attracted The First Proviso To Section 2(15) & In Turn, Sub-Section(8) Of Section 13 Of The Act.

property in the area of the scheme. Sec-56 of the Act empowers GHB to recover the unpaid lease or rent from tenant/lessee. It has authorized GHB to evict the occupant in case of failure to make payment to GHB. All these sections go on to prove beyond doubt that the State Government wants GHB to function in a professional