Trade association established for serving common interest of a particular trade eligible for registration u/s 12AA

Telangana Corrugators Vs. CIT (Exemptions) (ITAT Hyderabad Andhra Pradesh Corrugated Box Manufacturers Association from which the assessee has been carved out, has similar objectives and has already been granted registration u/s 12AA of the Act vide order dated 18.08.2008 which has since been not rescinded. The assessee has been formed on the bifurcation of the State of Telangana and is having the same objectives and therefore, it is also entitled for registration u/s 12AA of the Act on this ground alone. Even otherwise, the objectives of the assessee are for the benefit of a particular trade....