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2006 (9) TMI 360 - AT - Income TaxExtract: .......nt years under consideration, we feel that the Ld. CIT(A) was justified in holding that the Educational Institution under consideration has been substantially financed by the Government. The Ld. CIT(A) was justified in holding that the income is exempt under section 10(23C)(iiiab) of the Income-tax Act. In the result both the appeals are dismissed.
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