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2007 (9) TMI 229 - HC - Income TaxCharitable-cum-religious trust – AO disallowed exemption u/s 11 on ground that there was violation of provisions of sec. 13(1)(bb), as trust was carrying on business which was not for the primary purposes of trust - Tribunal held that even if there is some miscarriage on account of breach of trust by the trustees, the benefit of sec. 11 cannot be denied if such miscarriage doesn’t affect the validity of trust – moreover assessee has been getting benefit since 1969 – tribunal order is justified
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