https://www.taxtmi.com/caselaws?id=35169 Delay in filing applications for registration under section 12A of the Income-tax Act may be condoned where sufficient cause is shown, including bona fide delay caused by a change in legal entitlement, internal approvals and legal advice. Market committees constituted to regulate agricultural produce markets were treated as pursuing advancement of an object of general public utility under section 2(15). Charging statutory cess or fees did not negate charitable character where the dominant purpose remained public utility and the surplus was applied to statutory objects. Registration under sections 12A and 12AA was upheld, while compliance with sections 11 and 13 could still be examined in assessment proceedings. en-us Wed, 02 Dec 2009 00:00:00 +0530 Sat, 22 Dec 2012 13:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35169 Delay in filing applications for registration under section 12A of the Income-tax Act may be condoned where sufficient cause is shown, including bona fide delay caused by a change in legal entitlement, internal approvals and legal advice. Market committees constituted to regulate agricultural produce markets were treated as pursuing advancement of an object of general public utility under section 2(15). Charging statutory cess or fees did not negate charitable character where the dominant purpose remained public utility and the surplus was applied to statutory objects. Registration under sections 12A and 12AA was upheld, while compliance with sections 11 and 13 could still be examined in assessment proceedings. Case-Laws Income Tax Wed, 02 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35169