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2016 (3) TMI 970 - HC - Income TaxEntitlement to the benefit under Section 10(22A) - whether private limited company cannot come within the purview of the word "Institution", used in section 10(22A)? - Held that:- Even a private limited company can get the benefit of section 25 of the Companies Act, 1956. The benefit is to have the word "Limited" or the words "Private Limited" dropped. On the basis of this sub-section, one cannot say that a private limited company cannot come within the purview of the word "Institution", used in section 10(22A) of the Act. When the legislature has not restricted the meaning of the word "Institution", there is no reason why any restriction should be put to the word by the Court. No further submission was advanced by Mr. Agarwal. We find no substance in the submission, which, he already advanced and, therefore, the is answered in the affirmative in favour of assessee
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