ACIT, ANAND CIRCLE, ANAND, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

NATIONAL DAIRY DEVELOPMENT BOARD,ANAND vs. THE DY.CIT, ANAND CIRCLE, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

NATIONAL DAIRY DEVELOPMENT BOARD,ANAND vs. THE DY.CIT, ANAND CIRCLE, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

ACIT,ANAND CIRCLE, ANAND, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

NATIONAL DAIRY DEVELOPMENT BOARD,ANAND vs. THE DY.CIT, ANAND CIRCLE, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

ACIT, ANAND CIRCLE, ANAND, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

ACIT, ANAND CIRCLE, ANAND, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

NATIONAL DAIRY DEVELOPMENT BOARD,ANAND vs. THE DY.CIT, ANAND CIRCLE, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

House Property instead of 'Profits and Gains from Business and Profession and thereby denying deduction of depreciation and other expenditure on buildings. It is submitted that it be so held now. 5. The NFAC erred in holding that if the appellant first withdraws its appeal in respect years only in that case the deduction the interest returned back to North

ACIT, ANAND CIRCLE, ANAND, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar, Vice President\nAnd Shri T. R. Senthil Kumar (Judicial Member)

4A of the\nCompanies Act, 1956 as per Notification dated 22-02-2004 issued\nby Ministry of Finance to the Department of Company Affairs.\nFurther NDDB is providing loans to cooperative, which are\nrepayable over a period ranging from 7 to 20 years for procuring\nmilk and manufacturing many other milk products like cheese,\nbutter, butter milk, paneer, etc. Further

ACIT, ANAND CIRCLE, ANAND, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar, Vice President\nAnd Shri T. R. Senthil Kumar (Judicial Member)

4A of the\nCompanies Act, 1956 as per Notification dated 22-02-2004 issued\nby Ministry of Finance to the Department of Company Affairs.\nFurther NDDB is providing loans to cooperative, which are\nrepayable over a period ranging from 7 to 20 years for procuring\nmilk and manufacturing many other milk products like cheese,\nbutter, butter milk, paneer, etc. Further

NATIONAL DAIRY DEVELOPMENT BOARD,ANAND vs. THE DY.CIT, ANAND CIRCLE, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

4A of the\nCompanies Act, 1956 as per Notification dated 22-02-2004 issued\nby Ministry of Finance to the Department of Company Affairs.\nFurther NDDB is providing loans to cooperative, which are\nrepayable over a period ranging from 7 to 20 years for procuring\nmilk and manufacturing many other milk products like cheese,\nbutter, butter milk, paneer, etc. Further

ACIT, ANAND CIRCLE, ANAND, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, the appeals filed by the Revenue in ITA Nos

Bench: DR. BRR Kumar, Vice President\nAnd Shri T. R. Senthil Kumar (Judicial Member)

4A of the\nCompanies Act, 1956 as per Notification dated 22-02-2004 issued\nby Ministry of Finance to the Department of Company Affairs.\nFurther NDDB is providing loans to cooperative, which are\nrepayable over a period ranging from 7 to 20 years for procuring\nmilk and manufacturing many other milk products like cheese,\nbutter, butter milk, paneer, etc. Further

VADODARA URBAN DEVELOPMENT AUTHORITY,VADODARA vs. THE ACIT, CIRCLE-2 (EXEMP), AHMEDABAD

In the result, the appeal of the Department is dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

4A) or the seventh proviso to section 10(23C) which are that carrying on of some activity which might result in surplus, would not disentitle the entity from the benefit of tax exemption. We would further like to draw your kind attention towards the recent amendment made in section 10(46) of the IT. Act in Finance Bill 2023 which

VADODARA URBAN DEVELOPMENT AUTHORITY,VADODARA vs. THE ACIT, CIRCLE-2 (EXEMP), AHMEDABAD

In the result, the appeal of the Department is dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

4A) or the seventh proviso to section 10(23C) which are that carrying on of some activity which might result in surplus, would not disentitle the entity from the benefit of tax exemption. We would further like to draw your kind attention towards the recent amendment made in section 10(46) of the IT. Act in Finance Bill 2023 which

VADODARA URBAN DEVELOPMENT AUTHORITY,VADODARA vs. THE ACIT, CIRCLE-2 (EXEMP), AHMEDABAD

In the result, the appeal of the Department is dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

4A) or the seventh proviso to section 10(23C) which are that carrying on of some activity which might result in surplus, would not disentitle the entity from the benefit of tax exemption. We would further like to draw your kind attention towards the recent amendment made in section 10(46) of the IT. Act in Finance Bill 2023 which

JT.CIT(E),CIRCLE -2 AHMEDABAD, AHMEDABAD vs. VADODARA URBAN DEVELOPMENT AUTHORITY , VADODARA

In the result, the appeal of the Department is dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

4A) or the seventh proviso to section 10(23C) which are that carrying on of some activity which might result in surplus, would not disentitle the entity from the benefit of tax exemption. We would further like to draw your kind attention towards the recent amendment made in section 10(46) of the IT. Act in Finance Bill 2023 which

JT.CIT(E), CIRCLE-2 AHMEDABAD, AHMEDABAD vs. VADODARA URBAN DEVELOPMENT AUTHORITY , VADODARA

In the result, the appeal of the Department is dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

4A) or the seventh proviso to section 10(23C) which are that carrying on of some activity which might result in surplus, would not disentitle the entity from the benefit of tax exemption. We would further like to draw your kind attention towards the recent amendment made in section 10(46) of the IT. Act in Finance Bill 2023 which

JT.CIT(EXEMPTION)CIRCL-2 AHMEDABAD, AHMEDABAD vs. VADODARA URBAN DEVELOPMENT AUTHORITY, VADODARA

In the result, the appeal of the Department is dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

4A) or the seventh proviso to section 10(23C) which are that carrying on of some activity which might result in surplus, would not disentitle the entity from the benefit of tax exemption. We would further like to draw your kind attention towards the recent amendment made in section 10(46) of the IT. Act in Finance Bill 2023 which