Section 11 Tax Exemption Upheld as Development Authority Activities Not Commercial

ACIT Vs Jamnagar Area Development Authority (ITAT Ahmedabad)

The Income Tax Appellate Tribunal, Ahmedabad Bench, decided two appeals filed by the Revenue against separate orders passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi for Assessment Years 2016–17 and 2018–19. Since identical issues were involved in both years, the Tribunal considered them together.

The Revenue challenged the findings of the CIT(A) holding that the activities of the assessee, an urban development authority constituted under the Gujarat Town Plannin

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