ITAT Overrules CCIT: Approval u/s 10(23C)(vi) Granted Despite Absence of Dissolution Clause in Trust's Documents.

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....Charitable activity - approval u/s 10(23C)(vi) - Absence of the dissolution clause of the trust, there is a lacuna which may be misutilized in the event of dissolution of the managing committee - ITAT has rightly held that the reason for rejection by the CCIT cannot be sustained....