Allowing the appeal the Tribunal held that, Assessee, a body corporate, was formed under U.P. Urban Planning and Development Act, 1973, to promote and secure development of local area is eligible for registration( AY. 2014-15)
Firozabad Shikohabad Development Authority. v. CIT ( 2018) 169 ITD 202 (Agra) (Trib.)
S. 12AA : Procedure for registration –Trust or institution- Assessee, a body corporate, was formed under U.P. Urban Planning and Development Act, 1973, to promote and secure development of local area is eligible for registration [ S.2(15) ]