DCIT vs Hamdard Laboratories (India)

Whether the assessee trust is eligible for exemption under sections 11/12 of the Income Tax Act, 1961, despite alleged violation of section 13(2)(b) due to concessional rent to specified persons --- Held No, but the assessee is eligible for exemption under section 10(23C)(iv). Whether the CIT(A) erred in allowing exemption under sections 11/12 --- Held Yes, but the appeal is dismissed as the assessee qualifies under section 10(23C)(iv).