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1991 (2) TMI 93 - BOMBAY HIGH COURT
Extract:
.......able institution to which section 11 applies, to another trust On the face of it, section 12(2) of the Act can have no application to this case. Accordingly, there is no merit whatsoever in any of the contentions urged on behalf of the Revenue. We, therefore, answer question No. 2 in the negative and in favour of the assessee. No order as to costs.