Bombay High Court Allows Stay of Demand for Slum Rehabilitation Authority Pending Appeal, Holding Prima Facie Case for Exemption Under Section 11 of Income Tax Act. The Court directed stay of demand of Rs.53.71 Crores till disposal of appeal by CIT(A), as the Petitioner's activities were charitable and not for profit.
29 Oct 2014The Petitioner, Slum Rehabilitation Authority, a statutory body under the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971,...




