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1988 (11) TMI 15 - BOMBAY HIGH COURTExtract: ....... ITR 44 (Kar), Mohanlal Hargovinddas Public Charitable Trust v. CIT 1980 122 ITR 130 (MP), CIT v. H. H. Marthanda Varma Elayaraja of Travancore Trust 1981 129 ITR 191 (Ker) and CIT v. C. M. Kothari Charitable Trust 1984 149 ITR 573 (Mad). The question is, accordingly, answered in the affirmative and in favour of the assessees. No order as to costs.
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