Dismissing the appeal of the revenue the Tribunal held that ; S.10(23C) refers any income received by any trust is exempt, therefore addition made as cash credits would also qualify for exemption .Provision of S. 11BBC is brought in to statute with Finance Act, 2002 with effect from 1-4 -2003 will apply to the assessment year 2011-12 onwards .( AY. 2010-11, 2011-12)