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Exemption Denied: Blood Bank's Transactions with Related Concerns Disqualify It from Sections 11 & 12 Benefits.

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Full Text of the Document

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....Eligibility of exemption u/s 11 and 12 - Assessee has entered transactions with the related concerns - Assessee is not an educational institution or a hospital or medical institution as it is not engaged in dispensing medical facility though it is engaged in running a blood bank - exemption denied - AT....

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