Assessee being a local authority is not chargeable to Income tax

Cane Development Council Titawi Vs ITO (ITAT Delhi)

ITAT Delhi held that the assessee (M/s. Cane Development Council Titawi) being a local authority are not chargeable to tax in terms of section 10(20) of the Income Tax Act.

Facts- The assessee is a local authority and had filed its return of income on 29.07.2014 declaring total income of Rs. NIL. The ld. AO vide notice u/s. 142(1) of the Act dated 05.09.2016 show caused the assessee as to why assessment be not completed i

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