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1985 (7) TMI 137 - ITAT BOMBAY-DExtract: ....... and intention of the assessee have to be seen in arriving at a decision about the activity of the assessee. Both on facts and in the light of the principles laid down by the decisions, we hold that the assessee-charitable trust does not carry on a business and would not be caught by the provisions of section 13(1)(bb). 12. The appeals are allowed.
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