2019 (7) TMI 703

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....RAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1. This Tax Appeal under Section 260-A of the Income Tax Act, 1961 (for short "the Act, 1961") is at the instance of the Revenue and is directed against the order passed by the Appellate Tribunal dated 16.11.2018 in ITA No. 3297/Ahd/2016 for the Assessment Year 2012-13. 2. The Revenue has proposed the following as the substantial quest....

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....rted in (2017) 83 taxmann.com 366 (Gujarat). The two decisions of this Court referred to and relied upon by the Appellate Tribunal are in connection with the activities undertaken by the Ahmedabad Urban Development Authority. The Appellate Tribunal has taken view and had ensured the activities of AUDA are at par with the activities of the Gujarat Housing Board. The view taken is that the activitie....

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....the matter of AUDA. It is brought to our notice that the issue is now pending before the Supreme Court. We may quote the order passed in Tax Appeal No.752 of 2018 in the case of Commissioner of Income Tax (Exemption) vs. Gujarat Housing Board, decided on 02.07.2018 : "[2.0] Heard Mrs. Mauna Bhatt, learned Advocate appearing on behalf of the revenue. At the outset, it is required to be not....