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2 results for “house property”+ Section 80Gclear

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Mumbai172Delhi97Bangalore51Chennai42Kolkata35Pune26Lucknow21Ahmedabad14Chandigarh13Jaipur12Surat5Hyderabad4Rajkot3Cochin2Indore2SC2Telangana1Dehradun1Guwahati1Jodhpur1Karnataka1Nagpur1Punjab & Haryana1

Key Topics

Section 10(20)11Section 1424Section 103Section 194A3Section 142(1)2Exemption2

NEW OKHLA INDUSTRIAL DEVELOPMENT AUTHORITY vs. CHIEF COMMISSIONER OF INCOME TAX

C.A. No.-000792-000793 - 2014Supreme Court02 Jul 2018

Bench: HON'BLE MR. JUSTICE ASHOK BHUSHAN

Section 10Section 10(20)Section 131Section 142Section 142(1)Section 194ASection 3

property”, “Capital gains” or “Income from other sources” or from a trade or business carried on by it was earlier excluded in computing the total income of the Authority of a previous year. However, in view of the amendment, with effect from 1-4-2003 the Explanation “local authority” was defined to include only the authorities enumerated in the Explanation

THE INCOME TAX OFFICER, vs. URBAN IMPROVEMENT TRUST

The appeals are allowed

C.A. No.-010577-010577 - 2018Supreme Court12 Oct 2018

Bench: HON'BLE MR. JUSTICE A.K. SIKRI

Section 10(20)Section 142(1)

80G has been 12 amended so as to provide that 50% of the sum paid by an assessee to an authority constituted in India by or under any law enacted either for the purpose of dealing with and satisfying the need for housing accommodation or for the purpose of planning, development or improvement of cities, towns and villages