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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

The petitioner’s activities are not “commercial activity” within ...


High Court Rules Petitioner's Activities Not "Commercial" u/s 10(46) of Income Tax Act; Government Must Notify Income in 3 Months.

March 7, 2018

Case Laws     Income Tax     HC

The petitioner’s activities are not “commercial activity” within the meaning of clause (b) to Section 10(46) - HC issued directions to the government to accordingly issue the necessary notification under the aforesaid Section in respect of the "specified income" within a period of three months - HC

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