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    <title>2016 (11) TMI 1041 - ITAT MUMBAI</title>
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    <description>The Tribunal allowed the appeal by the assessee-trust, holding that the corpus donations of Rs. 4,55,446 were not taxable. The income was directed to be taxed at normal rates under section 164(2) instead of the maximum marginal rate, despite the trust not being registered under section 12A/12AA of the Income-tax Act, 1961. The decision was rendered on August 12, 2016.</description>
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      <description>The Tribunal allowed the appeal by the assessee-trust, holding that the corpus donations of Rs. 4,55,446 were not taxable. The income was directed to be taxed at normal rates under section 164(2) instead of the maximum marginal rate, despite the trust not being registered under section 12A/12AA of the Income-tax Act, 1961. The decision was rendered on August 12, 2016.</description>
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