Punjab Urban Planning & Dev. Authority v. Commissioner of Income Tax-I
Case brief
What is this about?
ITA-599-2006 and connected ITA-345-2011 (O&M), ITA-427-2014; Punjab & Haryana High Court; income-tax appeals by urban/area development authorities against Commissioners of Income Tax; consent disposal; remand to Commissioner (Exemption) for fresh order; followed ACIT(E) v. Ahmedabad Urban Development Authority (2022) 449 ITR 1 (SC) and CIT v. Gujarat Maritime Board (2007) 295 ITR 561 (SC); appearance fixed 28.01.2026; decided 14.01.2026 by Jagmohan Bansal, J. with Amarinder Singh Grewal, J.
What did the court decide?
Petitions disposed of by consent; impugned orders set aside and matters remanded to the Commissioner (Exemption) to pass fresh order in the light of ACIT(E) v. Ahmedabad Urban Development Authority, (2022) 449 ITR 1 (SC) and CIT v. Gujarat Maritime Board, (2007) 295 ITR 561 (SC); assessee to appear before the Commissioner (Exemption) on 28.01.2026 at 11:00 AM with requisite documents; pending applications disposed of.