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1972 (2) TMI 28 - ALLAHABAD HIGH COURTExtract: .......l for upholding the exemption. Our answer to the question referred to us is that income from the properties in question covered by the trust deed dated November 14, 1947, were exempt from income-tax under section 4(3)(ii) of the Act. The assessee will be entitled to his costs which we assess at Rs. 200. Counsel s fee is assessed at the same figure.
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