{"id":38828,"date":"2024-02-02T12:37:38","date_gmt":"2024-02-02T07:07:38","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-e-v-gandhinagar-urban-development-authority-2023454-itr-43-292-taxman-70-sc-editorial-cit-e-v-gandhinagar-urban-development-authority-2022-454-itr-40-292-taxman-516-gujhc-affi\/"},"modified":"2024-02-02T12:37:38","modified_gmt":"2024-02-02T07:07:38","slug":"cit-e-v-gandhinagar-urban-development-authority-2023454-itr-43-292-taxman-70-sc-editorial-cit-e-v-gandhinagar-urban-development-authority-2022-454-itr-40-292-taxman-516-gujhc-affi","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-e-v-gandhinagar-urban-development-authority-2023454-itr-43-292-taxman-70-sc-editorial-cit-e-v-gandhinagar-urban-development-authority-2022-454-itr-40-292-taxman-516-gujhc-affi\/","title":{"rendered":"CIT (E) v Gandhinagar Urban Development Authority (2023)454 ITR 43 \/ 292 Taxman 70 (SC) Editorial: CIT (E) v. Gandhinagar Urban Development Authority (2022) 454 ITR 40 \/ 292 Taxman 516 (Guj)(HC), affirmed."},"content":{"rendered":"<p>Dismissing the SLP of the Revenue the Court held that\u00a0 the Decision of the\u00a0 High Court dismissing\u00a0 the Department\u2019s appeal on the questions whether the Tribunal was justified in allowing the benefit of exemptions under sections 11 and 12 of the Income-tax Act, 1961, the benefit of capital expenditure\u00a0 and accumulation at 15 per cent,\u00a0 following its decision in the case of\u00a0 ACIT v.\u00a0 Ahmedabad Urban Development\u00a0 Authority\u00a0 (2022) 449 ITR 1 (SC)\u00a0 (AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes-Object of  general public utility-Accumulation of income-Urban Development Authority-Entitled to exemption.   [S. 2(15), 11(1)(a), 11(2), 12] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-38828","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-a6g","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=38828"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38828\/revisions"}],"predecessor-version":[{"id":38829,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38828\/revisions\/38829"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=38828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=38828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=38828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}