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Entitlement to exemption u/s 11 - the application of income generated by the business is not relevant consideration and what is relevant is whether the activity is so inextricably connected or linked with the objects of the trust that it could be considered as incidental to those objectives. - Tri

Income Tax - Entitlement to exemption u/s 11 - the application of income generated by the business is not relevant consideration and what is relevant is whether the activity is so inextricably connect .....

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