Jaipur National University Ineligible for Tax Exemption u/s 11; Contributions by Assessee Society Valid for Tax Purposes.

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....Exemption u/s 11 - Jaipur National University (JNU) doesn’t qualify as a specified person u/s 13(3) - Accordingly, the contribution to JNU will qualify as due application of income in the hands of the assessee society and the same cannot be a basis for denial of exemption under Section 11 to assessee society. - AT....