Understanding Tax Exemption: Key Differences Between Section 11(1)(a) and Section 10(23C)(vi) of Income Tax Act.

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....Eligibility for exemption u/s 11 – Application of income - Section 11(1)(a) is pari materia to the third proviso to Section 10(23C)(vi) of the Act and the only difference is with regard to the percentage of income and the period for which it can be carried forward - HC....