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2000 (4) TMI 3 - SC - Wealth-taxOn a proper construction of the scope & effect of the judgment of the Chief Judge of the Civil Court, Hyderabad, in the proceedings u/s 34 of the Indian Trusts Act, the Tribunal is correct in holding that as on the relevant valuation dates corresponding to the A.Y. 1974-75 & 1975-76 the corpus of the trust fund cannot be said to have been held in trust for charitable/religious purposes in India - assessee-trust is not entitled to exemption u/s 5(1)(i), in respect of the corpus of the trust fund
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