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AO's Lack of Evidence on Excessive Salaries Invalidates Section 13(3) Use; Exemption u/s 11 Stands.
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....AO has not brought anything on record to substantiate that the expenditure on salary or facilities provided to the relatives of the trustees of the assessee society were excessive having regard to fair market value of the services provided by them. - AO wrongly invoked the provisions of Section 13(3) - Exemption u/s 11 cannot be denied - AT....