https://www.taxtmi.com/caselaws?id=794681 A statutory development authority may retain charitable status where its real object and statutory framework show advancement of objects of general public utility, even if it incidentally carries on trade, commerce or business-like ies. The governing principle, drawn from Supreme Court authority on section 2(15) read with section 10(23C), is that receipts or sale of plots do not by themselves negate charity if they are incidental to the statutory purpose. On that basis, cancellation of registration under section 12AA was held not sustainable, and the issue was decided in favour of the assessee and against the Revenue. en-us Wed, 01 Jul 2026 00:00:00 +0530 Thu, 09 Jul 2026 08:35:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794681 A statutory development authority may retain charitable status where its real object and statutory framework show advancement of objects of general public utility, even if it incidentally carries on trade, commerce or business-like ies. The governing principle, drawn from Supreme Court authority on section 2(15) read with section 10(23C), is that receipts or sale of plots do not by themselves negate charity if they are incidental to the statutory purpose. On that basis, cancellation of registration under section 12AA was held not sustainable, and the issue was decided in favour of the assessee and against the Revenue. Case-Laws Income Tax Wed, 01 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794681