LUCKNOW EVELOPMENT AUTHORITY,LUCKNOW vs. I.T.O., LUCKNOW

In the result, all the appeals are partly allowed

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

houses to be allotted to general public. Therefore, such an activity cannot be classified in the nature of trade, commerce or business. Reliance in this respect was placed on the judgment of Hon’ble Supreme Court in the case of Queen's Education Society, Civil Appeal no. 5167 of 2008, dated 16.03.2015. Learned counsel submitted that exemption cannot be denied

LUCKNOW DEVELOPMENT AUTHORITY ,LUCKNOW vs. ACIT (E), LUCKNOW

In the result, all the appeals are partly allowed

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

houses to be allotted to general public. Therefore, such an activity cannot be classified in the nature of trade, commerce or business. Reliance in this respect was placed on the judgment of Hon’ble Supreme Court in the case of Queen's Education Society, Civil Appeal no. 5167 of 2008, dated 16.03.2015. Learned counsel submitted that exemption cannot be denied

LUCKNOW DEVELOPMENT AUTHORITY ,LUCKNOW vs. ACIT (E), LUCKNOW

In the result, all the appeals are partly allowed

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

houses to be allotted to general public. Therefore, such an activity cannot be classified in the nature of trade, commerce or business. Reliance in this respect was placed on the judgment of Hon’ble Supreme Court in the case of Queen's Education Society, Civil Appeal no. 5167 of 2008, dated 16.03.2015. Learned counsel submitted that exemption cannot be denied

LUCKNOW DEVELOPMENT AUTHORITY ,LUCKNOW vs. DCIT (E), LUCKNOW

In the result, all the appeals are partly allowed

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

houses to be allotted to general public. Therefore, such an activity cannot be classified in the nature of trade, commerce or business. Reliance in this respect was placed on the judgment of Hon’ble Supreme Court in the case of Queen's Education Society, Civil Appeal no. 5167 of 2008, dated 16.03.2015. Learned counsel submitted that exemption cannot be denied

SUBHASH JAISWAL ASSOCIATES,BAREILLY vs. PCIT BAREILLY, BAREILLY

374 (Mumbai).\n(B) In this case, assessment order dated 15.12.2019 was\npassed u/s 143(3) of the Act whereby the assessee's total income\nwas determined at Rs.97,61,730/- as against the returned\nincome of Rs.94,78,920/-. The Ld PCIT assumed jurisdiction u/s\n263 of the Act by issuing show cause notice to the assessee.\nSubsequently