Center Exempt from Maximum Marginal Tax Rate Due to CBDT Order; Sections 13(1)(d), 11(5), and 164(2) Inapplicable.

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....Violation of section 13(1)(d) r.w section 11(5) - Centre to be taxed on maximum marginal rate or not - once it has been held that the exemption granted by the order of the CBDT dated 12.10.2010 would apply, Section 164(2) of the Act would not be applicable - HC....