Supreme Court Clarifies “Local Authority” Definition under Section 10(20) of the Income Tax Act: NOIDA vs. CCIT (2018) Date of the Judgment: July 2, 2018 Citation: (2018) INSC 600 Judges: A.K. Sikri, J., Ashok Bhushan, J. Can an industrial development authority, performing municipal functions, be considered a ‘local authority’ for income tax exemption? The Supreme […]
Supreme Court Upholds TDS on Lease Rent, Clarifies “Local Authority” Status: Noida vs. CIT (2018) LEGAL ISSUE: Whether NOIDA and Greater NOIDA are “local authorities” under Section 10(20) of the Income Tax Act, 1961, and whether tax is deductible at source (TDS) on lease rent payments made to them. CASE TYPE: Income Tax Law Case
Supreme Court Clarifies Requirements for Municipal Upgradation under Article 243Q: Champa Lal vs. State of Rajasthan (2018) Date of the Judgment: 26 April 2018 Citation: (2018) INSC 368 Judges: J. Chelameswar, J., Sanjay Kishan Kaul, J. Can a State government upgrade a village to a municipality without following the constitutional guidelines? The Supreme Court of
