Saturday, 19 July 2014

Objective of Trust to finance infra-projects represents general public utility; Sec. 12AA registrati

IT : Where assessee-trust was created with object of financing infrastructure projects in State such as provision of water supply, roads, health services etc. to be implemented through municipal bodies or corporation, said object being in nature of advancement of general public utility, assessee's claim for registration under section 12AA was to be allowed


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