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2002 (2) TMI 87 - GUJARAT HIGH COURTExtract: .......Once it is held that the income of the assessee-trust is exempt under section 11 of the Act, the assessee is entitled to deduction of expenditure worth Rs. 86,473 spent for the objects of the trust. We, therefore, answer question No. 3 in the affirmative, in favour of the assessee. The reference is accordingly disposed of with no order as to costs.
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