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1997 (4) TMI 37 - HC - Income TaxExtract: .......transfer by T. N. K. and V. Educational Trust, it is also not necessary to consider in the hands of the family trusts whether the trusts have complied with the provisions of section 11(5) of the Act in making the investment in the approved forms, the third question of law does not arise and it is also returned without providing an answer. No costs.
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