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2013 (5) TMI 472 - ITAT CHENNAIRegistration u/s 12A cancelled - eligiblity for exemption under section 11 denied - AO in view of the amended provision of section 2(15) held that the activities carried on by the assessee are in the nature of trade, commerce or business and are not for charitable purposes treating the assessee as an AOP - Held that:- Assessee although an extended arm of State Government formed as a society to carry out charitable activities in the nature of 'general public utility' is in fact providing assistance to industrial houses and entrepreneurs for setting up of industry in the State of Tamil Nadu. The assessee facilitates in providing licence, approval and permission from various Government agencies for setting up of industry in the State, for which it is charging fee. The fee charged by the assessee is not remitted to the Government treasury or exchequer. After insertion of proviso to section 2(15) the assessee has lost its character of charitable organization. The assessee is a service provider. Against assessee.
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