High Court dismissed Revenue’s appeal. On appeal, referring to the decision in CIT(E) v. Ahmedabad Urban Development Authority [2022]449 ITR 1/[2023] 291 Taxman 11 (SC), matter remanded to the High Court for fresh consideration.
CIT (E) v. Khurja Development Authority (2025) 307 Taxman 382 (SC) Editorial : CIT (E) v. Khurja Development Authority (All)(HC), (ITA No. 550 of 2008 dt 12-1-2015, 154 of 2015 dt. 7-1-2019)
S. 11: Property held for charitable purposes-Registration-Matter remanded to the High Court for reconsideration [S. 2(15), 12 Art, 136]