Supreme Court · 2018 INSC 971 · Decided 12 October 2018
The Income Tax Officer v. Urban Improvement Trust
- Court
- Supreme Court of India
- Citation
- 2018 INSC 971 · [2018] 13 S.C.R. 847
- Case number
- CIVIL APPEAL No. 10577/2018
- Decided
- 12 October 2018
- Bench
- A.K. SIKRI, ASHOK BHUSHAN (2-judge bench)
- Outcome
- Leave Granted & Allowed
- Case type
- Civil
- Acts & sections cited
- Constitution; Income Tax Act Section 10(2), 10(20)
Headnote
Income Tax Act, 1961: Section 10(2) Explanation clause (iii) (as amended by Fiance Act, 2002) - Whether Urban Improvement Trust (assessee) constituted under Rajasthan Improvement Act is a local authority within meaning of clause (iii) of Explanation to s. 10(2) - Plea of assessee that (iii) of Explanation to s. 10 (2) - Held: Scheme of the Urban Improvement Act, under which the assessee was constituted, does not permit acceptance of the plea that assessee is a "Municipal Committee" within meaning of clause (iii) of Explanation to s. 10(20) -
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)