{"id":38830,"date":"2024-02-02T12:38:14","date_gmt":"2024-02-02T07:08:14","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-e-v-ghaziabad-development-authority-2023454-itr-803-293-taxman-449-sc-editorial-cit-e-v-ghaziabad-development-authority-2022-448-itr-342-allhc-affirmed\/"},"modified":"2024-02-02T12:38:14","modified_gmt":"2024-02-02T07:08:14","slug":"cit-e-v-ghaziabad-development-authority-2023454-itr-803-293-taxman-449-sc-editorial-cit-e-v-ghaziabad-development-authority-2022-448-itr-342-allhc-affirmed","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-e-v-ghaziabad-development-authority-2023454-itr-803-293-taxman-449-sc-editorial-cit-e-v-ghaziabad-development-authority-2022-448-itr-342-allhc-affirmed\/","title":{"rendered":"CIT (E) v. Ghaziabad Development Authority (2023)454 ITR 803\/ 293 Taxman 449 (SC) Editorial : CIT (E) v. Ghaziabad Development Authority (2022) 448 ITR 342 (All)(HC), affirmed."},"content":{"rendered":"<p>SLP of Revenue dismissed, the High Court\u00a0 dismissed\u00a0 the Department\u2019s appeal where the\u00a0 that the Tribunal had recorded findings of fact that the nature of activity of the assessee was charitable and it was not hit by the proviso to section\u00a02(15)\u00a0of the\u00a0Income-tax Act, 1961\u00a0and remanded the matter to the Assessing Officer to examine the activity of the assessee and if it were found to be in consonance with the objects, allow the benefit of exemption under section\u00a011\u00a0and adjudicate the issue of transfer of fund to infrastructure development fund in terms of the ratio laid down by the Tribunal in the cases of Saharanpur Development Authority and Khurja Development Authority.\u00a0 (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes-Transfer of fund to infrastructure development fund-Order of High Court affirmed-SLP of Revenue is dismissed.  [S. 2(15), Art. 136]  <\/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-38830","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-a6i","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38830","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=38830"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38830\/revisions"}],"predecessor-version":[{"id":38831,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38830\/revisions\/38831"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=38830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=38830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=38830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}