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One of the essential condition for obtaining exemption of the income of a charitable trust...

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One of the essential condition for obtaining exemption of the income of a charitable trust is that at least_____________ of the income should be applied for charitable purposes in India with certain exceptions and exemptions.

A.

65%

B.

75%

C.

85%

D.

Either 75% or 85% depending on the date which it is created

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