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Sec. 11 exemption was available on interest earned on corpus donation; SC dismissed SLP

May 18, 2018[2018] 94 82 (SC)/[2018] 256 Taxman 62 (SC)

IT: SLP filed against High Court's order that where assessee received corpus donation on which it earned interest, in view of specific direction of donors that said interest would also form part of corpus, assessee's claim for exemption under section 11 in respect of interest so earned was to be allowed, was to be dismissed

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