2023 (5) TMI 355

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rder of the National Faceless Appeal Centre, Delhi ['NFAC'] dated 09.10.2022 for the assessment year 2018-19. 2. The brief facts of the case are that the appellant is an individual deriving income under the head "salaries". The Return of Income for the assessment year 2018-19 was filed on 23.07.2018 declaring total income of Rs.24,61,400/-. The same was revised on 18.08.2018 at total income of Rs....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ssessing Officer restricted the exemption to the extent of Rs.3,00,000/- u/s 10(10AA) of the Act and, accordingly, made addition of Rs.25,79,317/-. 3. Being aggrieved by the above addition, an appeal was filed before the NFAC, who vide impugned order upheld the action of the Assessing Officer by holding that the employees of the State Government Undertaking cannot be treated as a State Government....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Sr. DR and perused the material on record. The issue that arises for consideration is whether an employee of the State Government Undertaking can be treated as employee of State Government. The issue is no longer res integra, as the Hon'ble Supreme Court in the case of Indian Institute of Science vs. DCIT, 446 ITR 418 (SC) held that though the State Government Undertaking may be considered as a St....