2003 (2) TMI 478

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....he demand created by respondent No. 2 of the Rs. 25,313 as demand of income-tax by disallowing the exemption provided under section 10(14) of the Income-tax Act. Accord- ing to learned counsel for the petitioner, the controversy has been settled down by Division Bench in LIC of India v. Union of India [2003] 260 ITR 411 and connected DBC Special Appeal No. 406/2001 decided on 22-1-2003. According ....