Supreme Court Upholds Cancellation of Bail For Man Accused of Assault Causing Miscarriage  ||  J&K&L High Court Invalidates Residence-Based Reservation, Citing Violation of Article 16  ||  Kerala HC Denies Parole to Life Convict in TP Chandrasekharan Murder Case For Cousin's Funeral  ||  High Court Grants Bail to J&K Bank Manager in Multi-Crore Loan Fraud Case, Emphasizing Bail As Rule  ||  J&K HC: Civil Remedy Alone Cannot Be Used To Quash Criminal Proceedings in Enso Tower Case  ||  Delhi HC: Non-Proof of Hearing Notice Dispatch Doesn’t by Itself Show no Personal Hearing Was Given  ||  Delhi High Court: No Construction or Residence Allowed on Yamuna Floodplains, Even For Graveyards  ||  J&K High Court: Right to Speedy Trial Includes Appeals; Closes 46-Year-Old Criminal Case Due to Delay  ||  J&K High Court: Courts Must Not Halt Corruption Probes, Refuses to Quash FIR  ||  J&K&L HC: Matrimonial Remedies May Overlap, But Cruelty Claims Cannot be Selectively Invoked    

Del. HC: Loans and Advances by NOIDA are Not Commercial Activities, Hence Eligible for Exemption - (15 Jul 2024)

DIRECT TAXATION

Delhi High Court has held that loans and advances extended by the New Okhla Industrial Development Authority (NOIDA) do not come within the ambit of commercial activity and hence are eligible for exemption under Section 10(46) of the Income Tax Act, 1961.

Tags : DELHI HIGH COURT   NOIDA   COMMERCIAL ACTIVITY  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved