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Educational trusts

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25 November 2011 1.Whether Sec 13(3) regarding payments to the trustees applies to institutions claiming exemption us 10(23)(c)(iiiad)
2.Whether the clause of 85 % application of Funds also applies to institutions claiming exemption us 10(23)(c)(iiiad).

25 November 2011 For (1) & (2) both the answer is yes only.



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