ALLAHABAD DEVELOPMENT AUTHORITY,ALLAHABAD vs. ACIT (EXEMPTION), LUCKNOW
In the result all three appeals of the Assessee are partly allowed
ITA 88/ALLD/2020[2015-16]Status: DisposedITAT Allahabad31 Jan 2025AY 2015-16
Bench: Sh. Sudhanshu Srivastava & Sh. Nikhil Choudhary
For Appellant: Sh. Ashish Bansal, AdvocateFor Respondent: Sh. Amalendu Nath Mishra, CIT DR
Section 11Section 12Section 143(3)Section 2(15)Section 260A
12A of the 1961 Act. It is a State Government body constituted by an Act of State
Government and is engaged in the business of development and sale of land for residential and commercial purposes. The object of the authority as defined under section 7 of “The Uttar
Pradesh Urban Planning & Development Act, 1973” (hereinafter known as the UPUPDA