https://www.taxtmi.com/caselaws?id=70835 The Tribunal dismissed the Assessee's appeal, affirming that the Assessee is not a 'Local Authority', ineligible for exemptions under Sections 10(20A) or 11, and not an instrumentality of the State under Article 289. The income was appropriately classified, and the carry forward of losses was rightly disallowed. en-us Fri, 28 Feb 2003 00:00:00 +0530 Tue, 19 Apr 2011 15:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70835 The Tribunal dismissed the Assessee's appeal, affirming that the Assessee is not a 'Local Authority', ineligible for exemptions under Sections 10(20A) or 11, and not an instrumentality of the State under Article 289. The income was appropriately classified, and the carry forward of losses was rightly disallowed. Case-Laws Income Tax Fri, 28 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70835