https://www.taxtmi.com/caselaws?id=65911 The Tribunal determined that the Andhra Pradesh State Civil Supplies Corporation Ltd. qualifies as a charitable institution under section 2(15) of the Income-tax Act. The amendment to clause 28 of the Memorandum of Association became effective on 2-1-1989. The Corporation's contribution to the Price Stabilisation/Equalisation Fund was deemed deductible, and it was found to have substantially complied with section 11(4A)(b) of the Income-tax Act. The provision for asset distribution upon winding up did not impact its charitable status, and the issue of registration under section 12A was resolved with subsequent approval. en-us Tue, 28 Aug 1990 00:00:00 +0530 Sat, 19 Feb 2011 12:19:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65911 The Tribunal determined that the Andhra Pradesh State Civil Supplies Corporation Ltd. qualifies as a charitable institution under section 2(15) of the Income-tax Act. The amendment to clause 28 of the Memorandum of Association became effective on 2-1-1989. The Corporation's contribution to the Price Stabilisation/Equalisation Fund was deemed deductible, and it was found to have substantially complied with section 11(4A)(b) of the Income-tax Act. The provision for asset distribution upon winding up did not impact its charitable status, and the issue of registration under section 12A was resolved with subsequent approval. Case-Laws Income Tax Tue, 28 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65911