https://www.taxtmi.com/caselaws?id=159266 The High Court dismissed the appeal and affirmed the Tribunal's decision to grant registration to the statutory authority under Sections 12 AA(i)(b)(ii) of the Income Tax Act, 1961. The Court noted parity in treatment of similar authorities under the U.P. Industrial Area Development Act, emphasizing that the authority did not need to be operational to qualify for registration. Citing precedent, the Court upheld the Tribunal's decision, finding no substantial question of law to interfere with the registration grant. en-us Wed, 17 Aug 2011 00:00:00 +0530 Wed, 29 Nov 2017 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159266 The High Court dismissed the appeal and affirmed the Tribunal's decision to grant registration to the statutory authority under Sections 12 AA(i)(b)(ii) of the Income Tax Act, 1961. The Court noted parity in treatment of similar authorities under the U.P. Industrial Area Development Act, emphasizing that the authority did not need to be operational to qualify for registration. Citing precedent, the Court upheld the Tribunal's decision, finding no substantial question of law to interfere with the registration grant. Case-Laws Income Tax Wed, 17 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159266