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1985 (4) TMI 90 - ITAT BOMBAY-BExtract: .......ties, it is clear that these donations have been received only towards the corpus of the trust and held by the trustees as forming part of the trust corpus. The assessee is, therefore, entitled to the benefit of exemption under s. 12 of the Act. Accordingly the addition of Rs. 33,000 to the income of the appellant is deleted. The appeal is allowed.
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