LAWS(ALL)-2015-2-215

COMMISSIONER INCOME TAX Vs. MUZAFAR NAGAR DEVELOPMENT AUTHORITY

Decided On February 05, 2015
Commissioner Income Tax Appellant
V/S
Muzafar Nagar Development Authority Respondents

JUDGEMENT

(1.) This reference to the Full Bench has been occasioned by a referring order of a Division Bench of this Court dated 5 August 2013 and turns upon the interpretation of the provisions of Section 12AA(2) of the Income Tax Act 1961 (the Act).

(2.) The questions which have been formulated for decision are as follows:

(3.) The Division Bench has prima facie doubted the correctness of an earlier judgment of a Division Bench in Society for the Promotion of Education Adventure Sport & Conservation of Environment vs. Commissioner of Income Tax & Ors. .