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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - construction activity on the land belong to ...

Income Tax

August 1, 2015

Exemption u/s 11 - construction activity on the land belong to the trustee and used by the trust - whether application of income for the benefit of trustee u/s 13 (1)(c) - Held No - Exemption allowed - HC

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