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2011 (12) TMI 750 - AT - Income TaxExtract: .......ment Year 2005-06, we are inclined to uphold the order of the learned CIT(A) in granting exemption under sec. 11 of the Act. Thus, the order of the learned CIT(A) is upheld. 8. In the result, the appeal filed by the revenue is dismissed. 9. This decision was pronounced in the Open Court on 26th December, 2011 immediately after the hearing was over.
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