Assessee's Fee Income Not Eligible for Trust Benefits u/ss 11(1)(a), 11(1)(d), 12 of Income Tax Act.

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....Entitlement to benefit of section 11(1)(a) & 1l(l)(d) and u/s 12 - assessee’s income by way of fees cannot be held to be derived from property held under the trust because students cannot be treated as property....