Jalvayu Sehkari Awas Samiti Ltd., Noida vs Assessee
In the case of Noida Golf Course Society (supra), the Standing
Counsel for the Income Tax Department had conceded that the issue
involved was squarely covered by the decision of the Hon'ble
Allahabad High Court in the case of CIT v. Cawnpur Club Ltd. which
decision was upheld by the Hon'ble Supreme Court in the case
No.4777, 4778, 4534/1991 and 80-46/1995.