Page No. 6
Gujarat Maritime Board vs. DCIT & ACIT vs. Gujarat Maritime Board
6.16. Therefore, in the light of the provisions ... Page No. 15
Gujarat Maritime Board vs. DCIT & ACIT vs. Gujarat Maritime Board
claim of fees or cess is incidental to the object
board. Thus, Maritime Board did
not come within the definition of the expression "Local Authority".
Under the circumstance, Gujarat Maritime Board made ... entitled to claim registration under Section 12A of the 1961 Act.
The Department's case was that the Maritime Board was a statutory
Authority
observations in Gujarat Maritime Board case (supra), the denial of
exemption under one category cannot debar such corporations from
claiming income exempt status under another ... statutory corporation
could claim the benefit of Section 2(15) having regard to the judgment of
this Court in the Gujarat Maritime Board case (supra
judgment relied upon by him are as under:-
i. CIT-v- Gujarat Maritime Board 295 ITR 561 SC
ii. All India Spinners Association ... entitled
to claim registration under section 12A of the 1961 Act. The
Department's case was that the Maritime Board was a
statutory authority
observations in Gujarat Maritime Board case (supra), the denial of
exemption under one category cannot debar such corporations from
claiming income exempt status under another ... statutory corporation
could claim the benefit of Section 2(15) having regard to the judgment of
this Court in the Gujarat Maritime Board case (supra
Supreme Court in the case of CIT vs.
Gujarat Maritime Board (Supra ), that if the
assessee is under legal obligation to apply the
income then ... entitled to claim registration under
section 12A of the 1961 Act. The
Department's case was that the
Maritime Board was a statutory
authority
below: -
2
I.T.A. No. 7018 /Mum/2016
Samundra Institute of Maritime Studies Trust
1. "Whether on the facts of the case ... other previous year in respect of that asset as it
amounts to claiming a double deduction.
2. Whether, on the facts and in the circumstances
observations in Gujarat Maritime Board case (supra), the denial of
exemption under one category cannot debar such corporations from
claiming income exempt status under another ... statutory corporation
could claim the benefit of Section 2(15) having regard to the judgment of
this Court in the Gujarat Maritime Board case (supra
judgment relied upon by him are as
under:-
i. CIT-v- Gujarat Maritime Board 295 ITR 561 SC
ii. All India Spinners Association ... entitled to claim registration under section 12A
of the 1961 Act. The Department's case was that the
Maritime Board was a statutory authority
Supreme Court in
the case of CIT vs. Gujarat Maritime Board (Supra ), that if the assessee is
under legal obligation to apply the income then ... entitled to claim registration under section 12A of the
1961 Act. The Department's case was that the Maritime Board was a
Page
