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Diversion of trust income to a specified person is ignored under section 13(2)(g) if it does not exceed what?

ARs 1,000
BRs 5,000
CRs 500
DRs 10,000
Answer & Solution
Correct answer: A. Rs 1,000
The proviso to section 13(2)(g) excuses diversion where the amount or value does not exceed one thousand rupees.
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