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    <title>2022 (12) TMI 1088 - ITAT CHENNAI</title>
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    <description>The Tribunal partly allowed the appeal, ruling that the charitable trust could not be assessed on notional rental income but upheld the denial of exemption under Section 11 due to the breach of Section 13(1)(c). The Tribunal directed the assessment of income under Section 164(1) at the maximum marginal rate.</description>
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    <pubDate>Wed, 21 Dec 2022 00:00:00 +0530</pubDate>
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      <description>The Tribunal partly allowed the appeal, ruling that the charitable trust could not be assessed on notional rental income but upheld the denial of exemption under Section 11 due to the breach of Section 13(1)(c). The Tribunal directed the assessment of income under Section 164(1) at the maximum marginal rate.</description>
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