Home › Tax Laws › New Okhla Industrial Development Authority (NOIDA) (No.2) v. CCIT ( 2018) 406 ITR 209/ 168 DTR 145/ 257 Taxman 3/ 303 CTR 553 (SC) CIT v. HDFC Ltd ( 2018)406 ITR 209/ 168 DTR 145/ 303 CTR 553 ( SC) CIT v. Rajesh Projects ( India ) (P) Ltd ( 2018) 406 ITR 209/ 168 DTR 145/ 257 Taxman 3/303 CTR 553 ( SC) Greater Noida Industrial Development Authority v. ACIT ( 2018) 406 ITR 209/ 168 DTR 145 / 303 CTR 553 ( SC) ITO v. United Bank of India ( 2018) 406 ITR 209/ 168 DTR 145 / 303 CTR 553( SC)

New Okhla Industrial Development Authority (NOIDA) (No.2) v. CCIT ( 2018) 406 ITR 209/ 168 DTR 145/ 257 Taxman 3/ 303 CTR 553 (SC) CIT v. HDFC Ltd ( 2018)406 ITR 209/ 168 DTR 145/ 303 CTR 553 ( SC) CIT v. Rajesh Projects ( India ) (P) Ltd ( 2018) 406 ITR 209/ 168 DTR 145/ 257 Taxman 3/303 CTR 553 ( SC) Greater Noida Industrial Development Authority v. ACIT ( 2018) 406 ITR 209/ 168 DTR 145 / 303 CTR 553 ( SC) ITO v. United Bank of India ( 2018) 406 ITR 209/ 168 DTR 145 / 303 CTR 553( SC)

S. 10(20): Local authority – New Okhla Industrial Development Authority (NOIDA) is not local authority – Hence is not exempted from payment of income-tax under S. 10(20) and S.10(20A) . Followed , New Okhla Industrial Development Authority (NOIDA) v. CCIT ( 2018) 95 taxmann.com 58/ 303 CTR 448 / 168 DTR 48 (SC)

New Okhla Industrial Development Authority  (NOIDA) is not local authority .Hence is not exempted from payment of income-tax under S. 10(20) and S.10(20A)  of the Act  Followed , New Okhla Industrial Development Authority (NOIDA) v. CCIT  ( 2018) 95 taxmann.com 58/ 303 CTR 448 / 168 DTR 48 (SC)  ( CA Nos 9199/12750/ 15613/ 15615/ 2017 dt. 2-07-2018) ( AY. 2010-11, 2011-12)