Exemption u/s 10(26B) - The assessee is a body viz.,...

Exemption u/s 10(26B) - The assessee is a body viz., incorporated under the Companies Act and formed to achieve or promote the interests of the members of the Scheduled Castes or the Scheduled Tribes or backward classes or of any two or all of them, receives full financial assistance from the Government, hence is entitled to exemption. - Tribunal is right in granting exemption to the assessee u/s 10(26B) - HC