ASTT. COMMISIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result, all the grounds taken in the appeals and ground 1 of additional grounds of the Revenue stand dismissed and additional ground

Bench: Shri A. D. Jain & Shri T. S. Kapoor

Section 2(15) of the Income Tax Act, 1961, in which there is a provision for charging tax if total receipt of entities engaged in advancement of general public utility exceeds Rs. 25 lakhs, and deleting the addition of Rs.5,11,38,89,559/- made on account of various disallowances

ASTT. COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW