Supreme Court of India · 2022-11-03
ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTIONS) vs AHMEDABAD URBAN DEVELOPMENT AUTHORITY
- Citation / case number
- SC 2022/34048
- Court
- Supreme Court of India
- Petitioner
- ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTIONS)
- Respondent
- AHMEDABAD URBAN DEVELOPMENT AUTHORITY
- Author
- HON'BLE MR. JUSTICE S. RAVINDRA BHAT
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE S. RAVINDRA BHAT, HON'BLE MR. JUSTICE PAMIDIGHANTAM SRI NARASIMHA
Judgment text excerpt
The Supreme Court addressed a clarification request regarding its previous judgment on the interpretation of Section 2(15) of the Income Tax Act, 1961, concerning charitable trusts and their eligibility for tax exemptions. The court acknowledged the need for the revenue to reassess past evaluations and determine future eligibility based on the clarified judgment. The court emphasized the importance of allowing the revenue to conduct assessments to ensure justice is served.