Housing Development Entities Qualify as Charities u/s 2(15), Eligible for Tax Exemptions per Sections 11 & 12.

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....Exemptions u/s.11 and 12 - charitable activity u/s 2(15) - General Public Utility (GPU) - Statutory Corporations, Boards, Authorities, Commissions, etc. (by whatsoever names called) in the housing development, town planning, industrial development sectors are involved in the advancement of objects of general public utility, therefore are entitled to be considered as charities in the GPU categories. - They can claim benefit of exemption - HC....