2011 (7) TMI 1206

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....ga & Co. P.C. Two questions of law raised by the revenue in this appeal read thus : 1) Whether in the facts and circumstances of the case and in law, the Tribunal is right in allowing the exemption U/s 11 of the Act? 2) Whether in the facts and circumstances of the case and in law, the income derived from conducting the exhibitions is taxable as business income or entitled for exemption U/s 1....