JAWAHAR LAL NEHRU PORT TRUST,NAVI MUMBAI vs. ACIT PANVEL, PANVEL
In the result, all the three appeals filed by the Revenue are dismissed and all the three appeals filed by the assessee are partly allowed
ITA 1154/MUM/2016[2005-06]Status: DisposedITAT Pune30 Sept 2025AY 2005-06
Bench: Shri R. K. Panda & Ms Astha Chandra
For Appellant: S/Shri Madhur Agrawal, AdvocateFor Respondent: S/Shri Sham Walve, Special Counsel along with Tanzil Padvekar and Bhavik Chheda
Section 10(20)Section 11Section 12ASection 142Section 143(1)Section 143(3)Section 263
2. Facts of the case, in brief, are that the assessee is a Trust registered u/s 12A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’). It was one of the 13 major ports operating in India. The entire income of Jawaharlal Nehru Port
Trust (JNPT) was exempt under the provisions of section