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1998 (7) TMI 23 - MADRAS HIGH COURTExtract: .......3, it could not be said that the trust had invested its funds contrary to the provisions of section 11(5) of the Act, since the Legislature had allowed time till March 31, 1993, to reinvest such investments in accordance with the provisions of section 11(5) of the Act by inserting the proviso (iia). The tax case petitions are, therefore, dismissed.
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