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DIT (exemption) can't question application of income of trust at the time of its registration

October 5, 2019[2019] 109 taxmann.com 258 (Bombay)
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INCOME-TAX : At stage of registration, question of application of income of trust is premature; where undisputedly 71 percent of receipt of trust were spent in accordance with its object, merely a partial expenditure, which was for religious purposes was not to make trust non-genuine

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