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1998 (10) TMI 65 - HC - Income TaxExtract: .......ounsel for the Revenue and we are of the view that the assessee-trust is entitled to the benefit of section 11 of the Act and the benefit cannot be denied on the ground of section 13(1)(b) in view of Explanation 2 to the above section. Therefore, we answer the questions in the affirmative, that is, in favour of the assessee and against the Revenue.
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