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    <title>1997 (2) TMI 57 - KERALA High Court</title>
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    <description>Income from a charity&#039;s kuri business was held eligible for exemption under section 11(1) of the Income-tax Act, 1961, because section 11(4A) did not defeat that exemption on the facts found. The court followed its earlier finding in the assessee&#039;s own case and treated the business income as continuing to qualify for exemption. The question was answered in favour of the assessee and against the Revenue.</description>
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    <pubDate>Wed, 19 Feb 1997 00:00:00 +0530</pubDate>
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      <title>1997 (2) TMI 57 - KERALA High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=16830</link>
      <description>Income from a charity&#039;s kuri business was held eligible for exemption under section 11(1) of the Income-tax Act, 1961, because section 11(4A) did not defeat that exemption on the facts found. The court followed its earlier finding in the assessee&#039;s own case and treated the business income as continuing to qualify for exemption. The question was answered in favour of the assessee and against the Revenue.</description>
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      <pubDate>Wed, 19 Feb 1997 00:00:00 +0530</pubDate>
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