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1 - 8 of 8 (0.20 seconds)Section 11 in The Income Tax Act, 1961 [Entire Act]
Section 12AA in The Income Tax Act, 1961 [Entire Act]
Section 13 in The Income Tax Act, 1961 [Entire Act]
Section 12 in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
The Gujarat Maritime Board Act, 1981
Commissioner Of Income-Tax Andhra ... vs Andhra Pradesh State Road Transport ... on 7 March, 1986
Maintenance and development of ports is necessary for transport of goods and persons by sea. In the present scenario of globalization of the trade and industry, the transport of goods from one country to other which is mostly through sea has become essential. Therefore, the development and maintenance of ports is certainly the object of general public utility. While taking this view, we derive support from the decision of the honble apex court in the case of Cit v. A.P. state Road Transport Corporation . It is also not in dispute that the assessee institution is genuinely engaged in the activities of development and maintenance of ports in the State of Gujarat. Therefore, in our opinion, the assessee duly fulfils both the conditions of Section 12AA which are necessary for the registration of the institution under Section 12A. We therefore direct the Commissioner of Income-tax to register the trust under Section 12A with effect from April 1, 2002.
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