https://www.taxtmi.com/caselaws?id=13400 Market committees constituted under the Agricultural Produce Marketing (Regulation) Act, 1963 were treated as established for an object of general public utility because their statutory functions regulated agricultural marketing, protected producers and consumers, ensured fair prices, and provided market infrastructure. Incidental levy of fees or cess did not negate charitable character, as any surplus was confined to the statutory object and not distributed as profit. As genuineness of activities was not disputed, registration under sections 12A/12AA could not be refused on the basis that the committees were not charitable institutions. en-us Wed, 28 Mar 2007 00:00:00 +0530 Fri, 16 Feb 2024 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13400 Market committees constituted under the Agricultural Produce Marketing (Regulation) Act, 1963 were treated as established for an object of general public utility because their statutory functions regulated agricultural marketing, protected producers and consumers, ensured fair prices, and provided market infrastructure. Incidental levy of fees or cess did not negate charitable character, as any surplus was confined to the statutory object and not distributed as profit. As genuineness of activities was not disputed, registration under sections 12A/12AA could not be refused on the basis that the committees were not charitable institutions. Case-Laws Income Tax Wed, 28 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13400