Sec. 13 can’t be invoked to deny exemption if siphoning off of funds by a trustee couldn’t be proved

IT : In absence of material on record showing that difference in cost of construction of building disclosed by assessee-society and estimation made by DVO resulted in siphoning off money by managing trustee, Assessing Officer was not justified in denying exemption of income to assessee by invoking provisions of section 13(1)(c)