Trust's Office Rent for President Approved; Exemption u/s 11 Upheld, No Violation of Tax Provisions Found.

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....Exemption under Section 11 - personal benefit - Office premises of the President was taken by the trust on reasonable rent - section 13(3) - By keeping the office in the same building where they are residing, the activities can be looked after without making any expenditure on conveyance - benefit of exemption allowed - HC....