THE PR.COMMISSIONER OF INCOME TAX vs. SRI KOUNDINYA EDUCATIONAL SOCIETY

Bench: C.PRAVEEN KUMAR,CHEEKATI MANAVENDRANATH ROY

202) One of the contentions of the Sri Shyam Divan, learned Senior Counsel for the petitioners is that, on account of proposed shifting of capital, in view of statement of objects and reasons of A.P. Act No.11 of 2021, the petitioners not only lost their livelihood of agriculture on account of land pooling, but also lost hope in future