Court Rules Trustee's Two-Day Fund Hold Did Not Violate Section 13(1)(c), Trust Exemption Maintained u/s 11.

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....Exemption u/s 11 - Violation u/s 13(1)(c) - amount withdrawn from the assessee-Trust and held by one of the trustees for two days - It will not be reasonable to take a view that any benefit could have been derived by trustee in such a short period of two days. - HC....