https://www.taxtmi.com/caselaws?id=790313 A company incorporated by the Government of Uttarakhand, with director control vesting in the Governor and incorporation documents showing formation under section 617 of the Companies Act, 1956, was treated as a Government company eligible for exemption under section 10(26B) of the Income-tax Act, 1961. The coordinate bench had already accepted the same factual position in an earlier year, and the Revenue did not dislodge those findings. On that basis, the additions relating to bank deposits and interest income were deleted and the deletions were sustained. en-us Wed, 08 Apr 2026 00:00:00 +0530 Thu, 23 Apr 2026 09:45:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790313 A company incorporated by the Government of Uttarakhand, with director control vesting in the Governor and incorporation documents showing formation under section 617 of the Companies Act, 1956, was treated as a Government company eligible for exemption under section 10(26B) of the Income-tax Act, 1961. The coordinate bench had already accepted the same factual position in an earlier year, and the Revenue did not dislodge those findings. On that basis, the additions relating to bank deposits and interest income were deleted and the deletions were sustained. Case-Laws Income Tax Wed, 08 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790313