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1973 (7) TMI 7 - HC - Income Tax" Whether having regard to the terms of the constitution of the assessee-association the properties of the assessee-association are held under trust or other legal obligation so as to qualify for exemption under section 4(3)(i) ? " - If the constitution of the trust provides for elected standing committee and managing committee for administration of the trust, whether it can claim exemption under section 4(3)(i)
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