Rajasthan High Court Upholds Section 11 Exemption as Activities Held Charitable

CIT (Exemptions) Vs Jaipur Development Authority (Rajasthan High Court) The Rajasthan High Court considered a batch of appeals remanded by the Supreme Court for fresh adjudication. Earlier, two income tax appeals had been decided by the High Court on 06.09.2017 and were subsequently remanded by the Supreme Court on 08.09.2022. Upon remand, the High Court decided D.B. Income Tax Appeal No. 218/2017 on 02.08.2024, framing substantial questions of law relating to exemption under Section 11 of the Income Tax Act, 1961, the applicability of Sections 13(8) and 2(15), and the permissibility of set ap...