High Court Confirms ITAT Ruling: Spending of Exempted Amount Irrelevant u/s 10(23c)(iiiad) Exemption Order Validity.

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....Exemption u/s 10(23c)(iiiad) - Tribunal held that so long as exemption order stands, which is available under Section 10 (23c) (iii ad) the question as to how amount was spent is not of relevance for the purposes of framing assessment - Order of ITAT sustained - HC....