INCOME TAX : Where assessee Jhansi Development Authority was an extended arm of the UP State and discharging its statutory functions under the authority of the UP Act under which it was created; it couldn’t be said that assessee was engaged in commercial activities by virtue of Section 2(15) of the Income-tax Act, 1961INCOME TAX : Where assessee Jhansi Development Authority was an extended arm of the UP State and discharging its statutory functions under the authority of the UP Act under which it was created; it couldn’t be said that assessee was engaged in commercial activities by virtue of Section 2(15) of the Income-tax Act, 1961www.taxmann.com Latest Case LawsRead More
