https://www.taxtmi.com/caselaws?id=361401 The High Court dismissed the writ petitions filed by an Urban Development Authority challenging notices issued under Section 147 of the Income Tax Act for the years preceding their application for exemption under Sections 11 to 13. The court held that the rejection of the exemption application did not justify quashing the notices issued before the application date. The petitioner was allowed to pursue the appeal for exemption from 2016-17 onwards but not for the previous assessment years. The court clarified that any successful appeal would only apply to years following the application date of 14.12.2016. en-us Fri, 02 Mar 2018 00:00:00 +0530 Tue, 05 Jun 2018 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361401 The High Court dismissed the writ petitions filed by an Urban Development Authority challenging notices issued under Section 147 of the Income Tax Act for the years preceding their application for exemption under Sections 11 to 13. The court held that the rejection of the exemption application did not justify quashing the notices issued before the application date. The petitioner was allowed to pursue the appeal for exemption from 2016-17 onwards but not for the previous assessment years. The court clarified that any successful appeal would only apply to years following the application date of 14.12.2016. Case-Laws Income Tax Fri, 02 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361401