Exemption u/s 11 - Welfare of small and marginal farmers also...

Exemption u/s 11 - Welfare of small and marginal farmers also comes under the category relief of the poor which in the aforesaid Circular has been included under the definition of charitable purposes u/s 2(15) - In the present case, it is not in dispute that the assessee society is implementing the various new projects launched by the State Government as Crop Cluster Development Programme for Horticulture Clusters, which is to be implemented through FPO and this programme is aimed on the backward and forward integration by creating farm infrastructures and the FPO in turn enables the farmers in enhancing the productivity through efficient cost effective and sustainable resources, it also remove hurdles in enabling farmers access to the market both is buyers and sellers. - CIT(E) was not justified in rejecting the application moved by the assessee for registration under section 12AA of the Act. - AT