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2002 (4) TMI 220 - AT - Income TaxExtract: ....... 34. In the final analysis, we hold that the sum of Rs.1,00,000 received by the assessee from the B.D. Goenka Foundation is not exempt under section 10(17A) and the action of the Assessing Officer to bring the same to tax was justified. The order of the CIT(A) would therefore, stand reversed. 35. In the result, the appeal of the Revenue is allowed.
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