Held that the advancement of objects of general public utility, assessee is Entitle to exemption. Followed CIT (E) v. Ahmedabad Urban Development Authority [2022] 449 ITR 1 (SC).
CIT v. (E) v. Ahmedabad Urban Development Authority (2024)470 ITR 164 (Guj) (HC)
S. 11 : Property held for charitable purposes-The advancement of objects of general public utility-Entitle to exemption.[S. 2(15), 12, 260A]
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