https://www.taxtmi.com/caselaws?id=71599 The Tribunal overturned the decision that the communidade was a local authority exempt under section 10(20) of the Income-tax Act. It directed assessment of the communidade as a Body of Individuals (BOI) instead of an Association of Persons (AOP). The case was remitted to the Commissioner (Appeals) for further consideration on unresolved matters, such as the taxability of compensation for acquired land and the levy of interest under sections 139(8) and 217. en-us Tue, 03 Sep 1985 00:00:00 +0530 Mon, 25 Apr 2011 18:30:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71599 The Tribunal overturned the decision that the communidade was a local authority exempt under section 10(20) of the Income-tax Act. It directed assessment of the communidade as a Body of Individuals (BOI) instead of an Association of Persons (AOP). The case was remitted to the Commissioner (Appeals) for further consideration on unresolved matters, such as the taxability of compensation for acquired land and the levy of interest under sections 139(8) and 217. Case-Laws Income Tax Tue, 03 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71599