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1981 (4) TMI 270 - AT - Income TaxExtract: ....... to show that the donations were with the specific direction that they shall form part of the corpus. The donations will, therefore not be included in the income of the assessee in view of s. 12 of the IT Act, 1961. For the reasons, we uphold the combined order of the AAC and reject the contentions of the revenue. 4. Both the appeals are dismissed.
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