https://www.taxtmi.com/caselaws?id=5310 A State Warehousing Corporation qualified as an authority constituted under law for the marketing of commodities, and its statutory functions of purchase, sale, storage and distribution of agricultural produce and allied commodities were held to facilitate such marketing. Income derived from letting of godowns or warehouses fell within the statutory condition in section 10(29) of the Income-tax Act, 1961. The corporation therefore satisfied all requirements for the exemption and was entitled to relief on the warehouse-letting income. en-us Wed, 31 Oct 1990 00:00:00 +0530 Sun, 23 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5310 A State Warehousing Corporation qualified as an authority constituted under law for the marketing of commodities, and its statutory functions of purchase, sale, storage and distribution of agricultural produce and allied commodities were held to facilitate such marketing. Income derived from letting of godowns or warehouses fell within the statutory condition in section 10(29) of the Income-tax Act, 1961. The corporation therefore satisfied all requirements for the exemption and was entitled to relief on the warehouse-letting income. Case-Laws Income Tax Wed, 31 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5310