Loan to Section 12A Trust is Income Application, Not a Violation of Section 13(1)(c) or 13(2)(g) IT Act.

Exemption u/s 11 - advancing of loan to another trust registered u/s 12A should be treated as application of income towards the objects of the trust and did not violate either Section 13(1)(c) or 13(2)(g) .....

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