M/S. VARANASI DEVELOPMENT AUTHORITY,VARANASI vs. ASSISTANT COMMISSIONER OF INCOME TAX , VARANASI
In the result appeal filed by assessee in ITA no
ITA 264/ALLD/2017[2011-12]Status: DisposedITAT Varanasi06 Jul 2022AY 2011-12
Bench: Shri Vijay Pal Rao & Shri Ramit Kochar
For Appellant: ShriAshishBansal, AdvocateFor Respondent: ShriSunil Bajpai, CIT- D.R
Section 11Section 12Section 12ASection 143(3)Section 2(15)
6 of this order, and is not repeated again.
That is how , we are now seized of the matter , in this second round of litigation. Before we proceed further, it will be relevant to reproduce the relevant extracts of judgment and order passed by Hon’ble Allahabad High
Court , in the case of Lucknow Development Authority(supra), as under
