https://www.taxtmi.com/caselaws?id=342184 Industrial development authorities constituted under the State enactment were treated as institutions advancing an object of general public utility because their statutory functions served planned development, infrastructure and regulation for public welfare, and incidental fees or surplus did not alter that character. Registration under Sections 12A and 12AA was therefore upheld. At the registration stage, the Commissioner could examine only the objects and genuineness of activities, not conduct a full exemption assessment or deny registration merely because the authorities generated receipts. Tribunal jurisdiction depended on the location of the Assessing Officer, so the Delhi Bench was competent to hear the appeals. en-us Fri, 21 Apr 2017 00:00:00 +0530 Tue, 01 Aug 2017 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342184 Industrial development authorities constituted under the State enactment were treated as institutions advancing an object of general public utility because their statutory functions served planned development, infrastructure and regulation for public welfare, and incidental fees or surplus did not alter that character. Registration under Sections 12A and 12AA was therefore upheld. At the registration stage, the Commissioner could examine only the objects and genuineness of activities, not conduct a full exemption assessment or deny registration merely because the authorities generated receipts. Tribunal jurisdiction depended on the location of the Assessing Officer, so the Delhi Bench was competent to hear the appeals. Case-Laws Income Tax Fri, 21 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342184