A body formed but financed by Govt. to promote members of SCs, STs or OBCs is eligible for Sec. 10(26B) relief: HC

INCOME TAX : Where assessee is a body viz., incorporated under Companies Act and formed to achieve or promote interests of members of Scheduled Castes or Scheduled Tribes or backward classes or of any two or all of them and receives full financial assistance from Government, it is entitled to exemption under section 10(26B)

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