COMMISSIONER OF INCOME TAX CHANDIGARH vs. M/S IMPROVEMENT TRUST BATHINDA
The appeals are hereby dismissed
ITA/161/2016HC Punjab & Haryana17 Nov 2025
Bench: MRS. JUSTICE LISA GILL,MR. JUSTICE DEEPAK MANCHANDA
Section 12ASection 2(15)Section 260A
disallowance of exemption.
74. It cannot possibly be suggested that the Government of
Punjab formed the trusts under the Punjab Town Improvement
Act, 1922 because it wanted to carry on the business as
colonizers or developers under the mask of the category
“objects of general public utility”.
PANKAJ BAWEJA
2018.09.20 19:01
I attest to the accuracy and
authenticity