https://www.taxtmi.com/caselaws?id=461207 Exemption under section 10(26BBB) was denied to a Government company, and the Tribunal's confirmation of the Assessing Officer's rejection was challenged on whether the revisionary order satisfied the twin tests of error and prejudice to Revenue, and whether such a company could qualify as an "establishment" for the exemption. The High Court admitted the appeal on these substantial questions of law. The assessee's stay plea before the Tribunal had already been dismissed, and no stay could be granted against that order. en-us Mon, 19 Oct 2020 00:00:00 +0530 Thu, 20 Mar 2025 19:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461207 Exemption under section 10(26BBB) was denied to a Government company, and the Tribunal's confirmation of the Assessing Officer's rejection was challenged on whether the revisionary order satisfied the twin tests of error and prejudice to Revenue, and whether such a company could qualify as an "establishment" for the exemption. The High Court admitted the appeal on these substantial questions of law. The assessee's stay plea before the Tribunal had already been dismissed, and no stay could be granted against that order. Case-Laws Income Tax Mon, 19 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461207