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Trade Association

Legal definition for Indian law research

Definition

Trade Association, a 'trade association' means an association tradesmen, businessmen or manufac-turers for the protection and advancement of their common interest, Commissioner of Income Tax v. Royal Western India Turf Club Ltd., AIR 1954 SC 85: (1954) SCR 289. [Income Tax Act, 1922, s. 10(6)]

Means a body of persons (whether incorporated or not) which is formed for the purpose of furthering the trade interests of its members or of persons represented by its members. [Monopolies and restrictive Trade Practices Act, 1969 (54 of 1969), s. 2(t)]

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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