Confederation of Real Estate Developers Association of India Vs ACIT (Exemption) (ITAT Mumbai)


Quick Summary
The Income Tax Appellate Tribunal (ITAT) Mumbai heard appeals from the Confederation of Real Estate Developers Association of India concerning exemption under Section 11 of the Income Tax Act for assessment years 2014-15 and 2016-17. The core issue was whether the association's activities, particularly those involving members, qualified as charitable or commercial, impacting its eligibility for tax exemption. The tribunal consolidated the appeals due to common issues.

Court :
ITAT Mumbai

Brief :
The captioned appeals filed by the assessee are directed against the respective orders passed by the CIT(A)-3, Mumbai, dated 19.03.2018 and 21.08.2019 for A.Y. 2014-15 and A.Y. 2016-17, respectively, which in turn arises from the respective assessment orders passed under Sec. 143(3) of the Income Tax Act, 1961 (for short „Act‟), dated 30.11.2016 and 15.12.2018 for the aforesaid years. As common issues are involved in these appeals, the same therefore are being taken up and disposed off by way of a consolidated order.

Citation :
ITA No.6896/Mum/2019

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