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2008 (7) TMI 993 - HC - Income TaxExtract: .......lt the appeal is allowed. The order passed by the Assessing Officer for the assessment year 1995-96 and the order passed by the Commissioner of Income Tax (Appeals) and further dismissing the appeal by the income Tax Appellate Tribunal are hereby set aside holding that the appellant is entitled for grant of exemption under section 11(5) of the act.
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