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    <title>2002 (7) TMI 798 - RAJASTHAN HIGH COURT</title>
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    <description>Exemption under sections 11 and 12 was denied where a trust let out its first floor to a firm in which one trustee was a partner. The Rajasthan HC followed its earlier decision in the assessee&#039;s own case and held that there was no infirmity in the Tribunal&#039;s order. The question was answered in the affirmative, against the assessee and in favour of the Revenue.</description>
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      <link>https://www.taxtmi.com/caselaws?id=184378</link>
      <description>Exemption under sections 11 and 12 was denied where a trust let out its first floor to a firm in which one trustee was a partner. The Rajasthan HC followed its earlier decision in the assessee&#039;s own case and held that there was no infirmity in the Tribunal&#039;s order. The question was answered in the affirmative, against the assessee and in favour of the Revenue.</description>
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