Exemption from levy of Income Tax - whether assessee shall be ...

Assessee Company Deemed "State" Under Article 12; Granted Income Tax Immunity Per Article 289 of Indian Constitution.

January 30, 2023

Case Laws Income Tax AT

Exemption from levy of Income Tax - whether assessee shall be held as “State” and thus no tax can be levied on it under the income tax act? - the assessee company falls under the definition of “State” within the meaning of Article 12 of the Constitution of India and, therefore, in our considered opinion entitle for immunity from the taxation under the provisions of Income Tax Act 1961 as directed under article 289 of constitution of India 1949. - AT

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Exemption from levy of Income Tax - whether assessee shall be ...

Assessee Company Deemed "State" Under Article 12; Granted Income Tax Immunity Per Article 289 of Indian Constitution.

January 30, 2023

Case Laws Income Tax AT

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