Authority executing work related to supply of water, disposal of sewerage, etc. eligible for sec. 11 exemption

INCOME TAX : Assessee-Authority, constituted under Gujarat Town Planning and Urban Development Act, 1976, with functions, inter alia, to undertake preparation of development plans and to execute works in connection with supply of water, disposal of sewerage and provisions of other services, could be said to be carrying out charitable activities and thus entitled to exemption under section 11

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