https://www.taxtmi.com/caselaws?id=448840 The SC granted leave and remanded the case to the Assessing Authority to determine the commercial activity and consider Section 12A of the Income Tax Act. This decision follows the precedent set in Assistant Commissioner Of Income Tax (Exemptions) vs. Ahmedabad Urban Development Authority. The Civil Appeal and pending applications were disposed of accordingly. en-us Tue, 23 Jan 2024 00:00:00 +0530 Thu, 28 May 2026 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448840 The SC granted leave and remanded the case to the Assessing Authority to determine the commercial activity and consider Section 12A of the Income Tax Act. This decision follows the precedent set in Assistant Commissioner Of Income Tax (Exemptions) vs. Ahmedabad Urban Development Authority. The Civil Appeal and pending applications were disposed of accordingly. Case-Laws Income Tax Tue, 23 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448840