https://www.taxtmi.com/caselaws?id=183076 The Tribunal upheld the deletion of disallowance for Water Front Royalty Charges paid to the State Government by the assessee Board managing minor ports in Gujarat. The Tribunal ruled that as a statutory body created by the Legislature, the assessee met the conditions for registration under Section 12AA and the provisions of Section 13(3) did not apply. The Court agreed, emphasizing the necessity of the payment for the trust's functioning under the Gujarat Maritime Board Act, 1981. Since no benefit accrued to the Government, the Tax Appeal was dismissed for lack of legal issue. en-us Tue, 30 Aug 2011 00:00:00 +0530 Fri, 27 May 2016 15:05:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183076 The Tribunal upheld the deletion of disallowance for Water Front Royalty Charges paid to the State Government by the assessee Board managing minor ports in Gujarat. The Tribunal ruled that as a statutory body created by the Legislature, the assessee met the conditions for registration under Section 12AA and the provisions of Section 13(3) did not apply. The Court agreed, emphasizing the necessity of the payment for the trust's functioning under the Gujarat Maritime Board Act, 1981. Since no benefit accrued to the Government, the Tax Appeal was dismissed for lack of legal issue. Case-Laws Income Tax Tue, 30 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183076