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![Loans by NOIDA not Commercial Activity: Delhi HC allows Income Tax Exemption u/s 10(46) [Read Order] Loans by NOIDA not Commercial Activity: Delhi HC allows Income Tax Exemption u/s 10(46) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/loans-noida-New-Okhla-Industrial-Development-Authority-delhi-hc-delhi-hc-news-delhi-high-court-delhi-high-court-news-income-tax-income-tax-news-tax-exemption-tax-news-tax-scan.jpg)
Loans by NOIDA not Commercial Activity: Delhi HC allows Income Tax Exemption u/s 10(46) [Read Order]
The Delhi High Court has ruled that the loans and advances given by the New Okhla Industrial Development Authority (NOIDA) are not commercial...