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2007 (9) TMI 455 - AT - Income TaxExtract: .......even if part of the income was applied for religious activities, the benefit of exemption under section 11(1)(a) cannot be denied. The Assessing Officer is directed to grant exemption under section 11(1)(a). 4. The alternate ground that the income should be restricted as originally computed will not survive. 5. In the result, the appeal is allowed.
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