Court Rules Printing & Sale Activities Not "Advancement of Public Utility" Under Sec 2(15) of Income Tax Act; Exemption Granted.

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....Exemption U/s.11A - whether the assessee’s activities were in the nature of “advancement of general public utility” being printing and sale of books, magazines, pictures, calendars, diaries and novelties wherein the second proviso to Section-2(15) of the Act is attracted? - Held No - Exemption allowed - AT....