https://www.taxtmi.com/caselaws?id=274764 A statutory urban development body was treated as a local authority for income-tax exemption purposes, and its functions were regarded as falling within the relevant constitutional and statutory framework. The HC noted the scheme of section 10(20), the omission of section 10(20A), and the context of Articles 243 and 289, and held that withdrawal of the earlier exemption did not change the assessee's position on the facts. The department's remaining objections, including the contention that the functions were not charitable or outside the exemption provisions, were rendered academic and were not separately examined. en-us Wed, 06 Sep 2017 00:00:00 +0530 Sat, 01 Sep 2018 05:55:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274764 A statutory urban development body was treated as a local authority for income-tax exemption purposes, and its functions were regarded as falling within the relevant constitutional and statutory framework. The HC noted the scheme of section 10(20), the omission of section 10(20A), and the context of Articles 243 and 289, and held that withdrawal of the earlier exemption did not change the assessee's position on the facts. The department's remaining objections, including the contention that the functions were not charitable or outside the exemption provisions, were rendered academic and were not separately examined. Case-Laws Income Tax Wed, 06 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274764