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1997 (12) TMI 11 - SCH - Income TaxWhether the Tribunal was right in holding that the amount of ₹ 2,50,000 could not be said to have been applied for charitable or religious purposes in India within the meaning of s. 11(1) - whether the assessee was entitled to any further exemption from tax of any portion of its income for the asst. yr. 1965-66 - finding of fact is that the amount was not actually applied for charitable or religious purposes - no reason to interfere with this order of the High Court
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