High Court Punjab-Haryana High Court

The Commissioner Of Income-Tax vs Market Committee on 5 February, 2009

Punjab-Haryana High Court
The Commissioner Of Income-Tax vs Market Committee on 5 February, 2009
ITA No.946 of 2008                                                            1


        IN THE HIGH COURT OF PUNJAB AND HARYANA AT
                        CHANDIGARH.


                                                 Date of Decision:-5.2.2009


The Commissioner of Income-tax, Karnal                        ---Appellant


                                   Versus

Market Committee, Kunjpura, Distt. Karnal.                    ---Respondent

CORAM:- HON’BLE MR.JUSTICE J.S.KHEHAR
HON’BLE MR.JUSTICE NAWAB SINGH

Present:- Mr.Yogesh Putney, Senior Standing Counsel for the appellant.

J.S.KHEHAR, J.(ORAL)

Learned counsel for the appellant very fairly states that the

controversy involved in the instant appeal has been adjudicated upon by this

Court in Commissioner of Income Tax-II, Amritsar, Versus Market

Committee, Dhariwal (ITA No.654 of 2005 decided on 14.3.2007).

Learned counsel for the appellant has expressly invited our

attention to the following substantial question framed by the appellant in the

grounds of appeal:-

“Whether on the facts and in the circumstances of the case,

the Hon’ble ITAT was right in law in holding that the

Market Committee is a Charitable Trust/Institution within

the meaning of section 2(15) of the Income-tax Act,

particularly when the legislature has clarified the charitable

activities by inserting proviso to section 2(15) of the Act by

the Finance Act, 2008?”

ITA No.946 of 2008 2

It is the submission of the learned counsel for the appellant that the

aforesaid question may be left undecided for being raised in an appropriate

case.

Prayer made by the learned counsel for the appellant is

accepted. The instant appeal is dismissed in terms of the order passed by

this Court in ITA No.654 of 2005.



                                                       (J.S.Khehar)
                                                            Judge



                                                      (Nawab Singh)
5.2.2009                                                  Judge
AS