URBAN IMPROVEMENT TRUST, KOTA Vs. INCOME TAX OFFICER

JUDGEMENT

(1.) By way of these appeals, the appellants have challenged the judgement and order of the Tribunal whereby Tribunal has partly allowed both the appeals of the department as well as assessee.

(2.) This Court while admitting the ITA s No.285/2016, 286/2016, 287/2016, 288/2016 and 289/2016 on 25.04.2017 framed following substantial question of law in each of the appeals:-

(3.) However, in view of the decision of this Court in the case of D.B. Income Tax Appeal No.643/2008 dated 25.07.2017 which is binding to both the parties wherein assessee has upheld to be local authority under the Act, reads as under: