VARANASI DEVELOPMENT AUTHORITY,VARANASEE vs. ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW
In the result appeal filed by assessee in ITA no
ITA 267/ALLD/2017[2014-15]Status: DisposedITAT Varanasi06 Jul 2022AY 2014-15
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)
163 & 164/Lkw/2019 for ay: 2014-15 and 2015-16 and ITA no.
439/Lkw/2019 for ay: 2016-17, vide common order dated 10th March, 2022
wherein the tribunal decided the issue in favour of tax-payer and held that the tax-payer LDA is entitled for exemption u/s. 11 of the 1961 Act even after considering the amended provisions of Section